{"id":31864,"date":"2023-10-26T15:33:43","date_gmt":"2023-10-26T14:33:43","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2843496"},"modified":"2023-10-26T15:33:43","modified_gmt":"2023-10-26T14:33:43","slug":"keep-your-enemies-close-stellantis-signs-deal-to-sell-chinese-evs-in-europe","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/10\/26\/keep-your-enemies-close-stellantis-signs-deal-to-sell-chinese-evs-in-europe\/","title":{"rendered":"Keep Your Enemies Close: Stellantis Signs Deal To Sell Chinese EVs In Europe"},"content":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 15px;\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-1536x864.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-2048x1152.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/div>\n<p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<html><body><\/p>\n<p>Ten months ago Stellantis CEO Carlos Tavares was warning about <a href=\"https:\/\/www.carscoops.com\/2023\/01\/terrible-fight-between-chinese-and-european-automakers-looms-warns-stellantis-ceo\/\">the coming &lsquo;terrible fight&rsquo;<\/a> with China&rsquo;s EV industry. Today he&rsquo;s rolled out the red carpet and paid $1.6 billion to help one Chinese carmaker access the European car market and potentially steal sales from Stellantis&rsquo;s own brands.<\/p>\n<p><!--  [Mobile]med_rect_atf --><\/p>\n<div data-pw-mobi=\"med_rect_atf\" id=\"pwMobiMedRectAtf\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectAtf\");\n  })\n<\/script><\/p>\n<p>The &euro;1.5-billion deal buys Stellantis a 21 percent stake in fast-growing EV firm Leaptmotor and creates a new Netherlands-based joint venture, of which Tavares&rsquo;s firm will own 51 percent, plus the exclusive rights to export, sell, and manufacture Leaptmotor&rsquo;s vehicles outside China.<\/p>\n<p>But the investment also grants Stellantis better access to the Chinese market for its own products, where it needs to make gains, if it&rsquo;s to meet a self-imposed target of having half its vehicle sales being EVs by 2030. Though no details about which of the Leaptmotors models will come to Europe were confirmed, the first vehicles are likely to arrive in the fall or winter of 2024. Its current EV lineup consists of the T03 city car, C01 sedan, and C11 SUV.<\/p>\n<div class='in-asd-content'>\n<h6>advertisement scroll to continue<\/h6>\n<div data-pw-desk='med_rect_atf' id='pwDeskMedRectAtf'><\/div>\n<p><script type='text\/javascript'>\n  window.ramp.que.push(function () {\n      window.ramp.addTag('pwDeskMedRectAtf');\n  })\n<\/script>\n<\/div>\n<p><!--  [Mobile]med_rect_btf --><\/p>\n<div data-pw-mobi=\"med_rect_btf\" id=\"pwMobiMedRectBtf1\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectBtf1\");\n  })\n<\/script><\/p>\n<p>&ldquo;As consolidation unfolds among the capable <a href=\"https:\/\/www.carscoops.com\/tag\/electric-vehicles\/\">electric<\/a> vehicles start-ups in China, it becomes increasingly apparent that a handful of efficient and agile new generation EV players, like Leapmotor, will come to dominate the mainstream segments in China,&rdquo; said Tavares. &ldquo;We feel it&rsquo;s the perfect time to take a leading role in supporting the global expansion plans of Leapmotor, one of the most impressive new EV players who has a similar tech-first, entrepreneurial mindset to ours.&rdquo;<\/p>\n<p><strong>Related: <a href=\"https:\/\/www.carscoops.com\/2023\/07\/vw-buys-5-stake-in-xpeng-will-jointly-develop-evs-for-china\/\">VW Buys 5% Stake In Xpeng, Will Jointly Develop EVs For China<\/a><\/strong><\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/10\/Leaptmotor-T03.webp 2200w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/10\/Leaptmotor-T03-400x254.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/10\/Leaptmotor-T03-1024x650.webp 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/10\/Leaptmotor-T03-768x488.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/10\/Leaptmotor-T03-1536x975.webp 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/10\/Leaptmotor-T03-2048x1300.webp 2048w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03.jpg 2200w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03-400x254.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03-1024x650.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03-768x488.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03-1536x975.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03-2048x1300.jpg 2048w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" Keep Your Enemies Close: Stellantis Signs Deal To Sell Chinese EVs In Europe\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-T03-1024x650.jpg\" data-type=\"inarticle-image\">\n                <\/picture><figcaption>The Leaptmotor T03 has a 95 hp electric motor and 174-mile range<\/figcaption><\/figure>\n<p>        <\/a>  <\/p>\n<p>The deal represents a massive U-turn in philosophy for Tavares, but Stellantis isn&rsquo;t the first automaker who has decided to meet the Chinese threat by bringing it closer. Volkswagen, which, like Stellantis, has been losing ground in China, announced a tie-up with Xpeng in July of this year. <em><a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/chinas-zhejiang-leapmotor-will-issue-shares-worth-11-bln-stellantis-2023-10-25\/\">Reuters<\/a><\/em> reports that Stellantis will offload its share of its current joint venture with Dongfeng Motor Group to Dongfeng, and is shutting down another joint venture with Guangzhou Automobile Group that builds Jeeps in China.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-a-mid',\n    container: 'taboola-mid-article',\n    placement: 'Mid Article',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<p>Unsurprisingly, given today&rsquo;s announcement, Tavares says he doesn&rsquo;t support the EU&rsquo;s anti-subsidy probe looking into the potential unfair advantages <a href=\"https:\/\/www.carscoops.com\/tag\/china\/\">Chinese<\/a> brands have in Europe due to state aid.<\/p>\n<p>&ldquo;As we have global issues to face, we have to adopt a global mentality,&rdquo; Reuters reports Tavares telling a conference in China. &ldquo;We do not support a fragmented world. We like competition. To start a probe is not the best way to tackle those questions.&rdquo;<\/p>\n<p><\/body><\/html><\/p>\n\n<h2><b>Commercials Cooperation Advertisements:<\/b><\/h2>\r\n<p><br>(1) IT Teacher IT Freelance<br> <\/p>\r\n<a href=https:\/\/itteacheritfreelance.hk\/wordpress><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITTeacherITFreelance-Website.png alt=IT\u96fb\u8166\u88dc\u7fd2 java\u88dc\u7fd2 \u70ba\u5927\u5bb6\u914d\u5c0d\u96fb\u8166\u88dc\u7fd2,IT freelance, \u79c1\u4eba\u8001\u5e2b, PHP\u88dc\u7fd2,CSS\u88dc\u7fd2,XML,Java\u88dc\u7fd2,MySQL\u88dc\u7fd2,graphic design\u88dc\u7fd2,\u4e2d\u5c0f\u5b78ICT\u88dc\u7fd2,\u4e00\u5c0d\u4e00\u79c1\u4eba\u88dc\u7fd2\u548cFreelance\u81ea\u7531\u5de5\u4f5c\u914d\u5c0d\u3002\/><\/a><p><a href=https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/findteacher>\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427! <\/a><br>\r\n\r\n\u7535\u5b50\u8ba1\u7b97\u673a -\u6559\u80b2 -IT \u96fb\u8166\u73ed\u201d ( IT\u96fb\u8166\u88dc\u7fd2 ) \u63d0\u4f9b\u4e00\u500b\u65b9\u4fbf\u7684\u7535\u5b50\u8ba1\u7b97\u673a \u6559\u80b2\u5e73\u53f0, \u70ba\u5927\u5bb6\u914d\u5c0d\u4fe1\u606f\u6280\u672f, \u96fb\u8166 \u8001\u5e2b, IT freelance \u548c programming expert. \u8b93\u5927\u5bb6\u65b9\u4fbf\u5730\u5c31\u80fd\u627e\u5230\u5408\u9069\u7684\u96fb\u8166\u88dc\u7fd2, \u96fb\u8166\u73ed, \u5bb6\u6559, \u79c1\u4eba\u8001\u5e2b.  <br>\r\n\r\nWe are a education and information platform which you can find a IT private tutorial teacher or freelance. <br>\r\n\r\nAlso we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation\u2026 \r\n<\/p>\n<p><br>(2) ITSec<br> <\/p><a href=https:\/\/itsec.vip><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITSec-Main-Promotion-Image.png alt= https:\/\/itsec.vip\/\r\nSecure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.  \r\nITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.\/><\/a> \r\n<br><br> \r\n<p><a href=https:\/\/itsec.vip>www.ITSec.vip<\/a> <br> <br> \r\n<p><a href=https:\/\/sraa.com.hk>www.Sraa.com.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/itsec.hk>www.ITSec.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/penetrationtest.hk>www.Penetrationtest.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/itseceu.uk>www.ITSeceu.uk<\/a> <br> <br> \r\nSecure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers. <br><br>\r\nITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training. \r\n<br><br>Contact us right away. <br><br>Email (Prefer using email to contact us): <br>SalesExecutive@ITSec.vip<\/p>","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Leaptmotor-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\"><\/div>\n<p>$1.6-billion deal with Leaptmotor gives the Chinese firm a foothold in Europe and strengthens Stellantis\u2019s position in China<\/p>\n","protected":false},"author":348,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267,6165],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-31864","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","category-news","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/31864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=31864"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/31864\/revisions"}],"predecessor-version":[{"id":31865,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/31864\/revisions\/31865"}],"wp:attachmen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