Stellantis and Dongfeng Form Joint Venture to Build Chinese EVs in France
Stellantis and Dongfeng will launch a European joint venture in which Stellantis holds a 51 percent stake. The partnership will assemble Dongfeng electric vehicles at a Stellantis plant in western France to meet new EU local-content rules.
France 24Stellantis and China's Dongfeng have announced a plan to launch a joint venture based in Europe. Stellantis will hold a controlling 51 percent stake in the venture. The agreement will see Dongfeng's new electric models assembled at a Stellantis plant in western France.
The arrangement is designed to comply with the EU's new "Made in Europe" rule that would require 70 percent of EV content made locally. The companies said the venture will allow Dongfeng to access the European market while Stellantis expands its electric-vehicle offerings.
Chinese electric vehicles is scheduled to begin at the French facility once regulatory approvals are secured. The plant in western France will handle final production steps for the imported models under the new local-content requirements. No specific production volumes or timelines beyond the regulatory process were disclosed in the announcement.
Key Facts
Potential Impact
- 01
Dongfeng gains access to the European market through local assembly.
- 02
Stellantis expands its electric-vehicle lineup with Chinese models.
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