Leapmotor gets US$1.6 billion investment from Jeep, Fiat owner as global carmaking giants bet on China’s heft in building electric vehicles
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Chinese electric-car builder Leapmotor is to receive a €1.5 billion (US$1.58 billion) investment from Stellantis, formerly Fiat Chrysler, in the latest vote of confidence from a global carmaking giant in the mainland’s EV industry.