Stellantis and Dongfeng to Invest €1 Billion in EV Production at Wuhan Joint Venture
Stellantis (NYSE:STLA) has partnered with Dongfeng Motor Group to invest over €1 billion into manufacturing Peugeot and Jeep electric vehicles starting in 2027. The joint venture, DPCA, will produce models for both the Chinese market and international exports.
Tickers: $STLA
Topics: Automotive Manufacturing China Market Expansion Electric Vehicles