Stellantis invests $1.6 billion in Chinese EV startup Leapmotor to boost its presence in China

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Stellantis, the maker of Jeep and Dodge, has acquired a 21% stake in the Chinese EV startup Leapmotor in a $1.6 billion deal as part of the effort to enhance its presence in China’s electric vehicle (EV) market. In an
The post Stellantis invests $1.6 billion in Chinese EV startup Leapmotor to boost its presence in China first appeared on TechStartups.

Stellantis, the maker of Jeep and Dodge, has acquired a 21% stake in the Chinese EV startup Leapmotor in a $1.6 billion deal as part of the effort to enhance its presence in China’s electric vehicle (EV) market. In an […]

The post Stellantis invests $1.6 billion in Chinese EV startup Leapmotor to boost its presence in China first appeared on TechStartups.

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