A360
Key Takeaways✦ Atlas AI
01
Stellantis is expanding its partnership with Chinese automaker Leapmotor, transferring its Madrid plant to Leapmotor for international model production starting in 2028, securing its operational future.
02
This collaboration is crucial for Stellantis's Spanish operations, safeguarding approximately 6,000 jobs across two plants and enhancing its market competitiveness through joint ventures and parts purchasing.
03
The Zaragoza plant will produce a new Opel electric SUV and currently manufactures Leapmotor's B10, indicating a strategic shift towards electric vehicle production and market expansion for both companies.
Atlas AI
Stellantis is expanding its partnership with China’s Leapmotor in a move it says will help secure the future of two of its plants in Spain, which together employ nearly 6,000 people.
Stellantis plans to transfer ownership of its Madrid plant to Leapmotor. The Chinese automaker is expected to begin production at the facility from 2028, including a model intended for sale in Europe and other markets outside China.
At Stellantis’s Zaragoza plant, the companies plan to produce a new jointly developed electric SUV under the Opel brand. The Zaragoza site already manufactures Leapmotor’s B10 model.
The collaboration also includes joint purchasing of parts, which the companies say is aimed at improving cost competitiveness.
Stellantis has positioned the deepened alliance as part of a broader effort to strengthen its performance in European and US markets.
