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Stellantis to invest EUR1.5 billion in China-based Leapmotor

Peng Chen, DIGITIMES Asia, Taipei 0

Credit: Stellantis

Europe-based Stellantis announced on October 26 that it will invest EUR1.5 billion (US$1.57 billion) in Chinese EV maker Leapmotor. The two companies will also form a joint venture to boost Leapmotor's sales outside China.

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