Stellantis Deal Gives China’s Leapmotor Plant, EV in Europe

Stellantis NV is giving China’s Leapmotor access to a plant in Spain, and the partners will build an EV together to deepen ties as the maker of Opel and Fiat cars seeks to shore up its European operations.

Opel engineers have already started working with their Leapmotor counterparts in China, the marque’s Chief Executive Officer Florian Huettl said in an interview. They’re developing a mid-size sport utility vehicle that will be built in Zaragoza, Spain to compete with cars like Volkswagen AG’s Tiguan and Hyundai’s Tucson.