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After Burning $26 Billion On EVs, Stellantis Might Turn To China For EVs
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The automotive conglomerate Stellantis is considering using the electric vehicle technology of its Chinese partner Leapmotor for the production of European electric cars. The aim is to reduce production costs for Stellantis' European volume brands such as Opel, Fiat, and Peugeot, several insiders told Bloomberg. Stellantis is reportedly considering expanding its joint venture with Leapmotor to gain access to the Chinese company's more advanced b…
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