Stellantis and Dongfeng Launch Joint Venture for EV Production in France
Stellantis - Dongfeng Joint Venture will see Chinese maker's EVs built in France

Image: France 24
Stellantis, the French-Italian automotive group, is partnering with China's Dongfeng to establish a joint venture in Europe, where Dongfeng's electric vehicles (EVs) will be assembled in Stellantis' facility in western France. Stellantis will hold a controlling 51% stake in this venture, aligning with the EU's new regulations for local EV content.
- 01Stellantis will hold a 51% controlling stake in the joint venture with Dongfeng.
- 02The assembly of Dongfeng's electric models will take place in western France.
- 03This venture aims to meet the EU's requirement that 70% of EV content be produced locally.
- 04The partnership signifies a strategic move for Stellantis to enhance its electric vehicle offerings.
- 05The collaboration highlights the growing importance of local production in the European EV market.
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Stellantis, a major French-Italian automotive group, has announced a joint venture with Dongfeng, a Chinese automotive manufacturer, to produce electric vehicles (EVs) in Europe. Stellantis will retain a controlling 51% stake in this partnership, which will see Dongfeng's new electric models assembled at Stellantis' plant located in western France. This initiative is in response to the European Union's new regulations mandating that 70% of EV content must be sourced locally. This collaboration not only strengthens Stellantis' position in the growing EV market but also emphasizes the importance of local production in meeting regulatory standards in Europe.
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This joint venture will create jobs and boost the local economy in western France, as it will involve the assembly of electric vehicles in the region.
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