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Leapmotor

An independent Chinese EV maker, about 21% owned by Stellantis, which sells its cars outside China.

Leapmotor is a Chinese electric-car start-up. In 2023 Stellantis bought a 21.26% stake for about €1.5 billion.

The two set up Leapmotor International, a joint venture led by Stellantis (51/49), with the sole right to export, sell and build Leapmotor cars outside Greater China. That is how Leapmotor reached the UK, through Stellantis's sales network.

Timeline

1. 2023 Stellantis announces its Leapmotor investment (October) and completes the 21.26% stake (November).
2. 2024 Leapmotor International starts shipping cars outside China (second half).

Sources

• Gasgoo: Stellantis fulfills acquisition of 21.26% stake in Leapmotor · 22 Nov 2023

Checked 9 Nov 2026. Ownership changes: if something here is out of date, tell us.