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Stellantis is deepening its China ties with Dongfeng Motor Group through a major strategic pact to produce new Peugeot and Jeep electric models in Wuhan from 2027, part of a roughly $1.17 billion investment backed by regional incentives and Stellantis funding. The move strengthens Stellantis’ electrification push and China manufacturing footprint while leveraging decades of partnership with Dongfeng for domestic sales and exports. Relatedly, Stellantis’ distribution support is enabling third-party EV entrants—illustrated by Leapmotor’s aggressive €49/month T03 leasing offer in Germany—showing how alliances and channel access can accelerate EV market entry and competitive pricing in global markets.
Stellantis expanding EV production with Dongfeng affects supply chains, manufacturing footprints, and market access for EVs in China and Europe. Tech professionals should track partnerships that enable OEMs and third-party entrants to scale software, battery integration, and connected services.
Dossier last updated: 2026-05-20 10:06:27
Stellantis与东风计划在欧洲成立电动汽车合资企业
Stellantis and China’s Dongfeng Motor Group signed a strategic cooperation agreement to jointly produce new Peugeot and Jeep models in China, deepening a 34-year partnership. Beginning in 2027, Shenlong Automotive will manufacture two new Peugeot EVs and two new Jeep electric off-road models at its Wuhan plant, with vehicles sold domestically and exported globally. The project, backed by favorable Hubei/Wuhan policies, carries total investment above RMB 8 billion, with Stellantis contributing about €130 million (~RMB 1.032 billion). Implementation depends on commercial viability, approvals and final agreements. The move supports Peugeot’s global growth plan and expands Stellantis’ electrification and China manufacturing footprint.
Stellantis与东风签署11.7亿美元协议，将在中国生产标致和Jeep车型
Leapmotor launched a T03 leasing plan in Germany priced from €49/month, leveraging German EV subsidies and support from Stellantis to undercut rivals. The offer, reported May 7 by Bloomberg and summarized by IT Home, is about half the monthly cost of comparable models like the Fiat 500e (around €99/month) and is partly possible because Stellantis provides established sales and distribution channels. Despite the low price, the T03 includes features often optional on competitors—panoramic sunroof, rearview camera and six airbags. German registration data show Leapmotor’s April sales jumped 358% year-over-year, with 4,523 deliveries in January–April, highlighting strong early traction in Europe fueled by subsidies and partner collaboration.