(Il Sole 24 Ore Radiocor) - Milano, 8 mag - Stellantis noted that it would also cooperate with Leapmotor in the area of purchasing through LPMI. "The objective would be to boost price competitiveness by leveraging the Chinese New Energy Vehicle ecosystem, while using European supply chain capabilities to strengthen resilience and accelerate time-to-market for new models.

Antonio Filosa, the CEO of Stellantis, said that the plan to expand its strategic partnership with Leapmotor "is expected to support production and advance localization in Europe of world-class manufacturing of electric vehicles at affordable prices to meet customers' real-world needs." The companies said they are currently carrying out feasibility studies and pre-development work under existing arrangements, while continuing discussions toward potential broader industrial cooperation, which is subject to.

definitive agreements and customary approvals.

(RADIOCOR) 08-05-26 10:21:02 (0231) 5 NNNN