Stellantis, the French-Italian automotive group, has announced a joint venture with China's Dongfeng to assemble electric vehicles in France. This collaboration is set to bolster Stellantis' position in the growing EV market.
Under the agreement, Stellantis will maintain a controlling 51% stake in the venture, which will focus on the assembly of Dongfeng's new electric models.
The announcement, made on May 20, 2026, signifies a strategic move for both companies as they aim to capitalize on the increasing demand for electric vehicles in Europe.