• 11/26/2024

Leapmotor gets US$1.6 billion investment from Jeep, Fiat owner as global carmaking giants bet on China’s heft in building electric vehicles

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

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.

https://www.scmp.com/business/china-business/article/3239254/leapmotor-gets-us16-billion-investment-jeep-fiat-owner-global-carmaking-giants-bet-chinas-heft?utm_source=rss_feed