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Dongfeng Motor and Stellantis Group Ink Memorandum of Understanding for Joint Venture in Europe, Propelling Global Growth
9 hour ago /
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Author：小编
Recently, Dongfeng Motor and Stellantis Group have entered into a non-binding memorandum of understanding, marking a significant stride in deepening their strategic partnership and expediting their global footprint. The duo envisions setting up a joint venture in Europe, which will initially take charge of the sales, distribution, manufacturing, procurement, and engineering R&D for Dongfeng's new energy vehicle models across pre-agreed European markets. Concurrently, discussions are underway to potentially entrust the joint venture with the sales and distribution responsibilities for Dongfeng's VOYAH brand throughout Europe.
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