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France 24

Business

Yuka ROYER

Stellantis-Dongfeng joint venture will see Chinese maker's EVs built in France

Stellantis Dongfeng European Union France Barbie Europe United States

BUSINESS © FRANCE 24

French-Italian auto group Stellantis and China's Dongfeng have announced a plan to launch a joint venture based in Europe, with Stellantis having a 51 percent controlling stake. The deal would see Dongfeng's new electric models assembled at Stellantis's plant in western France to comply with the EU's new "Made in Europe" rule that requires 70 percent of EV content to be made locally. Also in the segment: one man in the US has turned a broken pink Barbie car into a solution to combat soaring fuel prices.

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Trump news at a glance: Iran says ‘contradictory statements’ from US hindering deal negotiations

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