China has granted approval for the joint venture between Stellantis and Leapmotor, marking a significant development in the automotive industry. The collaboration between the two companies, known as AUTOS-STELLANTIS-LEAPMOTOR, has received the green light from Chinese authorities, according to sources familiar with the matter.
The partnership between Stellantis, a global automotive leader, and Leapmotor, a Chinese electric vehicle startup, aims to leverage their respective strengths to drive innovation and growth in the rapidly evolving automotive market.
