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Stellantis Acquires Stake in Leapmotor to Strengthen Presence in China

Stellantis has purchased a 21% stake in EV manufacturer Leapmotor for $1.6 billion, aiming to solidify its position in China, the world's top car market.   Stellantis secures a 21% stake in Leapmotor for $1.6 billion. The collaboration allows Stellantis to export and produce Leapmotor's...