Beijing News Shell Finance News (Reporter Bai Haotian) On October 26th, Stellantis Group announced that it will invest approximately 1.5 billion euros to become the strategic shareholder of Zero Motor, with a shareholding ratio of about 20%.
In addition, Stellantis Group and Leapmotor International will form a joint venture with a ratio of 51% to 49%. Except for the Greater China region, the joint venture company has the exclusive right to export and sell to all other markets worldwide, as well as the exclusive right to manufacture Zero Run automotive products locally. It is expected that the joint venture of "Zero Run International" will begin its export business in the second half of 2024.