Building on the success of its investment in Leapmotor and of its Stellantis-led Leapmotor International (“LPMI”) joint venture, Stellantis and Leapmotor today announce their intention to expand their strategic partnership, aimed at:

Increasing production at Stellantis’ Zaragoza plant, Opel’s historical manufacturing site, where an all-new electric battery powered Opel C-SUV would be added on a new line alongside Leapmotor’s C-SUV B10 model
Enabling the Zaragoza-produced new Opel C-SUV to benefit from components enabled by the LPMI ecosystem, helping to enhance affordability
Expanding LPMI’s joint purchasing initiatives to increase Stellantis’ European BEV affordability and accelerate time-to-market for new models
Reinforcing the future of Stellantis’ Villaverde, Madrid plant, by allocating Leapmotor future products for European and global markets, with several nameplates manufactured in line with Made-in-Europe requirements, and with the intention to transfer the plant’s ownership to LPMI’s Spanish subsidiary