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Stellantis and Leapmotor abandon plans for Polish EV production, evaluate alternative locations for B10 electric crossover

Nov 11, 2024over 1 year ago

Contract Type

partnership

PolandManufacturingAutomotive

Description

Stellantis and Leapmotor have decided to abandon their production plans for their second electric vehicle model in Poland. They are now evaluating alternative production locations, including Stellantis's facilities in Germany and Slovakia, following Chinese government pressure on domestic automakers to reconsider investments in EU countries supporting tariffs on Chinese-made EVs.

Company Information

Company

Stellantis and Leapmotor

Location

Poland

About

Stellantis is a multinational automotive manufacturer formed by the merger of Fiat Chrysler Automobiles (FCA) and PSA Group. Leapmotor is a Chinese electric vehicle (EV) manufacturer.

Predictive Intelligence
Strategic

ML-powered predictions for Stellantis and Leapmotor's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months