Stellantis-Led Leapmotor International to Bring Its EVs To India

#BREAKING Stellantis & China's #Leapmotor have signed a partnership to make and sell EVs under Leapmotor brand across the world. #Stellantis will hold 51% stake. India is also part of its global plan under the India+Asia Pacific strategy for the new co.
1/3 👇 pic.twitter.com/2UKfYSTtDg

— Siddharth Vinayak Patankar (@sidpatankar) May 14, 2024

👆 2/3 While products for India will take some time, it is clear they will be made locally and marketed under Leapmotor brand. Export from China or use of existing Stellantis plants where needed means either Citroen plant in Chennai or JV plant in Ranjangaon.
SVP
👇 pic.twitter.com/A7wCKbLdd0

— Siddharth Vinayak Patankar (@sidpatankar) May 14, 2024