politics

Stellantis and Dongfeng to Establish Joint Venture for EV Production in France

20 Mayıs 2026France 24

Stellantis, the French-Italian auto group, has partnered with China's Dongfeng to create a joint venture in Europe, with Stellantis holding a 51% stake. This collaboration will involve the assembly of Dongfeng's electric vehicles in Stellantis' facility in western France, aligning with the EU's 'Made in Europe' regu…
This move is significant as it aims to meet the requirement for 70% of electric vehicle content to be produced locally.
The automotive industry is undergoing a significant transformation towards electrification, driven by regulatory pressures and changing consumer preferences. The EU's stringent 'Made in Europe' rule is part of a broader strategy to enhance local manufacturing and reduce reliance on imports, particularly from non-EU…
The joint venture between Stellantis and Dongfeng represents a strategic response to evolving regulatory frameworks in the EU, particularly concerning local content requirements for electric vehicles. By establishing this partnership, Stellantis not only secures a competitive edge in the burgeoning EV market but als…

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