BRIEF-Stellantis To Expand Partnership With Leapmotor In Spain

May 8 (Reuters) - Stellantis NV STLAM.MI:

  • TO PRODUCE LEAPMOTOR INTERNATIONAL (LMPI) B10 MODEL IN ITS ZARAGOZA PLANT IN SPAIN

  • TO ALSO DEVELOP IN ZARAGOZA PLANT ALL-NEW ELECTRIC BATTERY POWERED OPEL C-SUV MODEL

  • TO EXPAND LPMI’S JOINT PURCHASING INITIATIVES TO INCREASE STELLANTIS’ EUROPEAN BEV AFFORDABILITY AND ACCELERATE TIME-TO-MARKET FOR NEW MODELS

  • TO TRANSFER MADRID VILLAVERDE PLANT’S OWNERSHIP TO LPMI’S SPANISH SUBSIDIARY

  • NEW OPEL C-SUV MODEL TO POTENTIALLY START PRODUCTION IN 2028, ALLOCATION OF NEW LEAPMOTOR VEHICLE TO MADRID PLANT POTENTIALLY FROM H1 2028

  • LEAPMOTOR WOULD ALSO BRING PRODUCTION OF ITS C-SUV B10 MODEL TO ZARAGOZA PLANT POTENTIALLY AS EARLY AS 2026

Further company coverage: STLAM.MI


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