Stellantis Considers Deals with Xiaomi Group and XPeng Motors to Revive European Business
3 day ago / Read about 0 minute
Author:小编   

According to sources familiar with the matter, Stellantis Group is considering collaborating with Chinese automakers, where the latter would invest in its struggling European operations, while Stellantis shifts its investment focus to the American market. Sources said that company executives have met with Xiaomi Group and XPeng Motors to discuss plans for overhauling Stellantis' European business, including stakes in Maserati or other brands. As the relevant information has not been made public, the sources requested anonymity. Additionally, the sources indicated that the talks also involved acquiring automotive manufacturing capacity to support the company's expansion in Europe.