№ files_lp_4_process_3_096021
Announcement detailing a strategic investment where Stellantis becomes a major shareholder in Leapmotor and establishes a joint venture to expand Leapmotor’s EV sales globally while leveraging both companies’ technological and commercial strengths.
Year: 2023
Companies: Stellantis N.V., Leapmotor
Investment: €1.5 billion
Equity Stake: 20%
Joint Venture: Leapmotor International (51/49 Stellantis-led)
Industry: Electric Vehicles (EV)
Region / Market: China, Global
Key Technologies: NEV, BEV, Range Extender EV, Cell-to-Chassis, Four-Leaf Clover architecture
Founders / Leadership: Carlos Tavares (Stellantis CEO), Zhu Jiangming (Leapmotor CEO)
Planned Launch: Second half of 2024
Target Audience: Global EV consumers
Financial Highlights: Stellantis 2022 revenue €179.5 billion, net profit €16.8 billion; H1 2023 revenue €98.4 billion, net profit €10.9 billion
Sustainability Goals: Carbon net zero by 2038, Dare Forward 2030 electrification targets
Price: 8 / 10 USD
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