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."

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