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Update: Market Chatter: Stellantis Set to Begin Production of Small Leapmotor Electric Vehicles
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Update: Market Chatter: Stellantis Set to Begin Production of Small Leapmotor Electric Vehicles
Mar 22, 2024 8:04 AM

10:58 AM EDT, 03/22/2024 (MT Newswires) -- (Updates with Stellantis' ( STLA ) response in the fourth paragraph.)

Stellantis ( STLA ) will begin the production of Leapmotor's T03 small electric cars at a Stellantis ( STLA ) plant in Poland as early as Q2 as part of the companies' joint venture, Reuters reported Friday, citing two people close to the matter.

Stellantis ( STLA ) will assemble semi-knocked down car parts into finished vehicles at its facility in Tychy, the report said.

Stellantis ( STLA ) and Leapmotor weren't immediately available for comment, Reuters said.

"This is speculation, and we do not comment on speculation," Stellantis ( STLA ) said in an email to MT Newswires.

Leapmotor did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 29.17, Change: -0.04, Percent Change: -0.15

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