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Stellantis-Dongfeng joint venture will see Chinese maker's EVs built in France
French-Italian auto group Stellantis and China's Dongfeng have announced a plan to launch a joint venture based in Europe, with Stellantis having a controlling 51 percent stake. The deal would see Dongfeng's new electric models assembled in Stellantis' plant in western France to comply with the EU's new "Made in Europe" rule that would require 70 percent of EV content to be made locally. Also in the segment: one man in the US has turned a broken pink Barbie car into a solution to combat soaring fuel prices.
French-Italian auto group Stellantis and China's Dongfeng have announced a plan to launch a joint venture based in Europe, with Stellantis having a controlling 51 percent stake. The deal would see Dongfeng's new electric models assembled in Stellantis' plant in western France to comply with the EU's new "Made in Europe" rule that would require 70 percent of EV content to be made locally. Also in the segment: one man in the US has turned a broken pink Barbie car into a solution to combat soaring fuel prices.
