Stellantis in talks with Leapmotor to develop Opel EV Suv and an Alfa Romeo model
The new electric Sport Utility will use Leapmotor's technology and is planned to be produced at Stellantis' Zaragoza plant in Spain, according to a Reuters report on Wednesday. The deal, if finalized, would help Stellantis significantly reduce the time and cost required to develop a new EV model, the report noted. Stellantis has also started preliminary talks with Leapmotor on developing an Alfa Romeo model Leapmotor B10 compact electric Suv Stellantis is in advanced talks with Chinese electric vehicle (EV) maker Leapmotor to jointly develop a new electric SUV under the Opel brand, according to a Reuters report on Wednesday . The partnership between Stellantis and Leapmotor began in 2023 when the former invested EUR 1.5 billion to acquire about 20% of Leapmotor's shares, now diluted to 15%. In May 2024, the two parties established Leapmotor International, a joint venture with Stellantis holding a 51% stake. Founded in 2015, Leapmotor is one of the fastest-growing Chine...