Automotivelogistics: Stellantis and Leapmotor’s expanded joint venture in Spain signals move towards Europe-China hybrid production model

Published by automotivelogistics.media 

The Leapmotor T03 launched in Europe in 2024 through the Chinese OEM’s joint venture with StellantisLeapmotor

Stellantis and Leapmotor have announced their intention to significantly expand their strategic partnership, moving beyond a distribution-led model into one centred on shared European manufacturing infrastructure and vehicle platform integration. The two OEMs have announced plans to expand their joint venture into full-scale European production, with Spain’s Zaragoza and Madrid plants at the centre of an ambitious EV manufacturing push.

The partnership, which began in October 2023 when Stellantis acquired an approximately 21% stake in Zhejiang Leapmotor Technology for €1.5 billion, has already demonstrated considerable commercial momentum. Their Leapmotor International (LPMI) joint venture – structured as a 51% Stellantis / 49% Leapmotor vehicle — has expanded to more than 850 points of sale and service across Europe and logged over 40,000 shipments on the continent in 2025 alone, following the 2024 launches of the T03 and C10 models.