Stellantis is in advanced talks with China’s Leapmotor to jointly develop an Opel-branded electric SUV that would use Leapmotor technology and be produced at Stellantis' Zaragoza plant in Spain. The collaboration would give Stellantis rapid access to Chinese EV technology while keeping manufacturing in Europe to limit cross-border logistics and tariff exposure. If finalized, the deal should modestly improve Stellantis' EV rollout speed and competitiveness in Europe and could move related supplier and OEM shares by low single digits.
Stellantis is in advanced talks with China’s Leapmotor to jointly develop an Opel-branded electric SUV that would use Leapmotor technology and be produced at Stellantis' Zaragoza plant in Spain. The collaboration would give Stellantis rapid access to Chinese EV technology while keeping manufacturing in Europe to limit cross-border logistics and tariff exposure. If finalized, the deal should modestly improve Stellantis' EV rollout speed and competitiveness in Europe and could move related supplier and OEM shares by low single digits.
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