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Stellantis plans to invest EUR 1.5 billion in Leapmotor, China for global EV business partnership

On October 26, Stellantis announced that it has formed a strategic partnership with Leapmotor and plans to invest approximately EUR 1.5 billion for a 20% stake in the company. Both automakers are creating Leapmotor International, a Stellantis-led joint venture, with a 51:49 ownership split, granting rights for Leapmo....

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