Stellantis plans to produce Chinese EV in Italy


ROME, Feb. 20 (Xinhua) -- Stellantis, a multinational auto company headquartered in Amsterdam, the Netherlands, is considering manufacturing up to 150,000 Leapmotor's electric vehicles (EVs) in the Mirafiori plant in Turin, northern Italy, Automotive News Europe said Tuesday.

The Franco-Italian automaker last year bought a 20 percent stake in Chinese EV maker Leapmotor in a 1.6-billion-dollar deal. As part of that deal, the two groups announced to set up a 51/49 Stellantis-led joint venture, which gives Stellantis "exclusive rights for the export and sale, as well as manufacturing, of Leapmotor products outside Greater China."

A Stellantis spokesman on Tuesday said the first cars emerging from the Stellantis-Leapmotor partnership would appear on European roads no later than 2026, and that the first Leapmotor electric vehicles could come off the assembly line in Italy in 2026 or 2027.

It will not be the first electric vehicle produced at Mirafiori: the plant already produces the Fiat 500 Battery Electric Vehicle compact car.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

After Trump took the lead, election deniers went suddenly silent
Australia moves to ban children under 16 from social media
In the end, women did not save Harris at ballot box
Photo Gallery: The day after Trump's win
Roblox will ban kids under 13 from ‘social hangouts’
Canada orders TikTok’s Canadian business to be dissolved but won’t block app
Obama congratulates Trump on election win over Harris
Japan PM Ishiba seeking meeting with Trump in US this month
How to make ChatGPT your default search engine
‘Vishing’ attacks are using scam phone calls to trick users

Others Also Read