US EditionStellantis Weighs Using China EV Tech for Affordable Cars
Stellantis aims to use Leapmotor’s EV architecture, software, and battery tech to lower costs and improve competitiveness against Chinese and European rivals, CEO Filosa said.
- Bloomberg reported Thursday that Stellantis is considering expanding its partnership with Leapmotor to bring EV technology to Europe.
- Facing major writedowns and losses, Stellantis is reconsidering EV plans after posting charges of 22.2 billion pounds and a $23.8 billion loss last year, building on its 2023 20% stake in Leapmotor and Leapmotor International JV.
- Already available in Europe, Leapmotor models such as the T03 and C10 are sold through Stellantis-owned dealer networks alongside Citroën C3s and Fiat 500s, showing operational channels to scale cooperation.
- U.S. regulatory limits mean any deeper deal must clear rules banning China-linked tech from 2027; Stellantis declined to comment, Leapmotor representatives not immediately able to comment, and Stellantis stock is down 31% since start of year.
- Antonio Filosa, Stellantis CEO, told analysts on Feb. 26 that the partnership is `very important for Europe` as the pair aim to seal a deal within the year, marking a changed direction in tech sourcing.
11 Articles
11 Articles
Stellantis Weighs Using Chinese EV Tech for First Time in Europe
Stellantis NV is considering tapping electric-vehicle technology from its Chinese partner Leapmotor to help lower costs across its mass-market European brands such as Fiat, Opel and Peugeot, according to people familiar with the plans.
Captured in a severe financial crisis marked by record depreciations announced in February, the company led by Antonio Filosa is looking for a lifeline from its partner Leapmotor. The idea is no longer limited to distributing the oriental models in our concessions, but to pluck in their organ bank to recover batteries and engines intended for the brands of wide diffusion. A shortcut to stem the haemorrhage Developing electric platforms costs a f…
What if Stellantis was wrong in his association with Leapmotor?The agreements mainly of a commercial order could finally... L-article Stellantis could soon use Leapmotor technologies in Europe appeared first on Automobile Clean.
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