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Leapmotor

Leapmotor

Chinese EV manufacturer

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Stellantis expands Leapmotor partnership to build Chinese EVs in Spain

Money Moves

Using Stellantis to scale outside China

Stellantis spent roughly $26 billion building its own electric vehicles, then scrapped the plans. The Jeep and Peugeot owner will now build Leapmotor's B10 SUV at its Figueruelas factory in Zaragoza from 2026, and a second model at its Madrid plant from 2028. In May 2026, CEO Antonio Filosa placed Leapmotor at the center of FaSTLAne 2030, his €60 billion five-year plan to return Stellantis to profitability.

Updated May 27