Stellantis (STLAM IM / STLAP FP) is in talks to use China's Leapmotor EV tech for European cars, Bloomberg reports
Newsquawk Staff ·
Stellantis (STLAM IM / STLAP FP) is in talks to use China's Leapmotor EV tech for European cars, Bloomberg reports.
What it means
Stellantis is exploring a potential partnership with China's Leapmotor to integrate their EV technology into its European offerings. This move could enhance Stellantis' competitiveness in the rapidly evolving electric vehicle market while potentially reshaping dynamics within the automotive sector in Europe. Investors will want to watch how this strategic shift aligns with broader trends in EV adoption and competition.
Sources
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- T-Mobile (TMUS) CEO to step down from the board
- Stellantis (STLAM IM) earnings call summary: Co. firmly believes will beat initial goal of EUR 2.4bln cost savings in 2027
- Mercedes-Benz Group (MBG GY) CEO says the Co. is preparing a broader strategy update covering 2030 and beyond, with China remaining a core pillar of its long-term plans
- Santander (SAN SM) Q3 (EUR) net 3.43bln (exp. 3.41bln), rev. 16.0bln (prev. 15.3bln Y/Y)
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