Dongfeng Motor has announced the official establishment of Dongfeng Motor Automobile Technology (Wuhan) Co., Ltd. This new entity is a collaborative venture funded by six parties: Dongfeng Motor, Stellantis Group, Changjiang Industry Group, Wuhan Finance Holdings Group, Wuhan Economic Development Zone Industrial Investment Group, and Dongfeng Peugeot Citroen Automobile Company (DPCA). The total investment in this joint venture surpasses 8 billion yuan.

The company boasts a registered capital of approximately 8.2 billion yuan. In terms of shareholding, DPCA holds around 24.1% of the shares. Dongfeng Motor and Stellantis Group each possess approximately 13.5% of the shares. Changjiang Industry Group accounts for roughly 9.8% of the shares. Meanwhile, Wuhan Finance Holdings Group and Wuhan Economic Development Zone Industrial Investment Group each hold about 19.5% of the shares.

Dongfeng Motor Automobile Technology (Wuhan) Co., Ltd. has a diverse portfolio of business operations. These encompass vehicle research and development (R&D), industrial investment, and the sales of new energy vehicles. Looking ahead, the company has outlined plans to introduce four new new - energy vehicle models starting from 2027. These models will cover a range of technologies, including pure electric and plug - in hybrid options, catering to the evolving demands of the automotive market.