Stellantis CEO warns on rising costs, confirms Leapmotor cooperation on e-cars in Italy
STLA•Stellantis CEO Antonio Filosa said the automaker and its suppliers face significant raw-material and electronics cost inflation in 2027 and probably 2028, which Stellantis measures in billions of euros. He confirmed cooperation with Leapmotor to develop low-cost electric cars for production in Italy, with sales expected to start in 2028.
1. Costs set to rise
Filosa said Stellantis and its suppliers expect significant inflation in raw materials, memory chips, printed circuit boards and semiconductors in 2027 and probably 2028. He said Stellantis measures the impact in billions of euros. The company and suppliers need to respond with greater competitiveness and public support, including on energy costs and industry regulation, he said.
2. Leapmotor cooperation
Filosa confirmed that Leapmotor will work with Stellantis on developing its planned e-cars, which are to be manufactured at Stellantis' Pomigliano plant in Italy. Sales are expected to start in 2028. Filosa said the partnership would support joint development of future electric and electronic solutions.
