HONG KONG — European carmaker Stellantis on Tuesday said it had formed a joint venture with the Chinese electric vehicle startup Leapmotor that will begin selling EVs in nine European countries later this year.
Stellantis and Leapmotor, an EV startup, did not provide details on where the electric vehicles would be produced, but that the location must have the “capacity available to support the sales” and meet quality criteria and cost competitiveness.The models launched will be the T03 and C10 models, with plans to introduce one new model annually over the next three years, Tavares said.
“Political and regional uncertainties in the future are likely to make it inevitable for Chinese new energy vehicle brands to manufacture globally,” Zhu said.on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment, a move that’s likely to increase friction between the world’s two largest economies.LIVONIA, Mich. — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist
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