France 24
Europe · 1 hrs ago
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Stellantis - Dongfeng Joint Venture will see Chinese maker's EVs built in France
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Stellantis and China's Dongfeng have formed a joint venture to assemble Dongfeng's electric vehicles in France, with Stellantis holding 51% ownership, to meet EU local content requirements for electric vehicles.
Stellantis - Dongfeng Joint Venture will see Chinese maker's EVs built in France
French-Italian auto group Stellantis and China's Dongfeng have announced a plan to launch a joint venture based in Europe, with Stellantis having a controlling 51% stake. The deal would see Dongfeng's new electric models assembled in Stellantis' plant in western France to comply with the EU's new "Made in Europe" rule that would require 70% of EV content made locally. Also in the segment, one man in the US has turned a broken pink Barbie car into a solution to combat soaring fuel prices.
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