Stellantis has invested approximately €1.5 billion to acquire a 21% stake in the Chinese electric vehicle manufacturer Leapmotor, aiming to enhance its presence in the rapidly growing EV market.

Information on the Target

Leapmotor is a leading Chinese electric vehicle manufacturer that focuses on designing, developing, and producing intelligent electric vehicles (EVs). The company has garnered recognition for its innovative approach to electric mobility, particularly with its implementation of Cell-to-Chassis (CTC) technology on a large scale. This technology enhances vehicle efficiency and performance by integrating the battery directly into the vehicle's chassis, significantly reducing weight and improving design flexibility.

In 2023, Leapmotor earned a notable position within the industry, ranking among the top three Chinese EV startup brands. The company stands out for its commitment to advancing electric mobility and its ability to leverage cutting-edge technology as it seeks to capture a larger share of the growing EV market.

Industry Overview in China

The electric vehicle industry in China has experienced unprecedented growth in recent years, driven by government policies supporting green technologies and increasing consumer demand for clean energy vehicles. The Chine