Stellantis Expands Leapmotor Partnership to Launch EV in Europe by 2028
Stellantis will expand its strategic partnership with Leapmotor to produce its Chinese partner’s first model at European plants, targeting sales in Europe by 2028. The move marks a watershed shift for Stellantis, increasing exposure to Chinese EV technology and raising execution and regulatory risks for its European operations.
1. Partnership Expansion Details
Stellantis has agreed to deepen its strategic alliance with Leapmotor, committing to co-develop and assemble the Chinese automaker’s first jointly branded electric model at its European manufacturing sites. This broadens a collaboration that began with technology sharing and paves the way for tighter integration on electric vehicle platforms and components.
2. Production Plans and Timeline
The new agreement schedules production of the Leapmotor-designed model to commence in late 2027 at a yet-to-be-confirmed European plant, with commercial launch and deliveries slated for early 2028 across major markets such as Germany, France and the United Kingdom. Stellantis aims to leverage existing assembly capacity to ramp up quickly without major capital expenditure.
3. Strategic and Risk Considerations
While the deal bolsters Stellantis’ EV lineup and aligns with its electrification targets, it increases reliance on Chinese technology and exposes the company to potential challenges including cross-border supply chain complexity, intellectual property scrutiny and evolving EU regulatory requirements on foreign partnerships.