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Stellantis joins Leapmotor

Stellantis wants to invest around 1.5 billion euros in Leapmotor. In return, the Group would receive around 20 percent of the shares in the Chinese automaker. The agreement also provides for the establishment of a joint venture to handle exports and possible production outside China. Stellantis is to hold 51 percent of Leapmotor International. (aum)

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Photo: Autoren-Union Mobilität/Leapmotor