{"id":11796,"date":"2026-05-15T11:23:08","date_gmt":"2026-05-15T11:23:08","guid":{"rendered":"https:\/\/www.europesays.com\/netherlands\/11796\/"},"modified":"2026-05-15T11:23:08","modified_gmt":"2026-05-15T11:23:08","slug":"stellantis-and-dongfeng-commit-e1-billion-to-build-peugeot-and-jeep-evs-in-china-stla","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/netherlands\/11796\/","title":{"rendered":"Stellantis and Dongfeng Commit \u20ac1 Billion to Build Peugeot and Jeep EVs in China (STLA)"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/netherlands\/wp-content\/uploads\/2026\/05\/aa147bbb29e3188b95eaebd14ebfd841.png\" alt=\"dodge dart stellantis \u00a9Kipish_f\u00f6n\" loading=\"eager\" height=\"351\" width=\"640\" class=\"yf-lglytj  loaded\"\/> dodge dart stellantis \u00a9Kipish_f\u00f6n      <\/p>\n<p class=\"yf-1fy9kyt\">Stellantis (NYSE:STLA) and Dongfeng Motor Group announced on Friday that they have signed an agreement to manufacture Peugeot and Jeep-branded electric vehicles at their joint venture facility in Wuhan beginning in 2027, extending a partnership that has spanned more than three decades.<\/p>\n<p class=\"yf-1fy9kyt\">The agreement relates to the Dongfeng Peugeot Citro\u00ebn Automobile Co. (DPCA) joint venture and includes planned combined investment exceeding 8 billion yuan, equivalent to roughly \u20ac1 billion. Stellantis is expected to contribute approximately \u20ac130 million toward the project.<\/p>\n<p>         New EV Models Planned for China and Export Markets    <\/p>\n<p class=\"yf-1fy9kyt\">The Wuhan production site is initially expected to manufacture two newly developed Peugeot-branded new energy vehicles alongside two Jeep-branded off-road new energy vehicles. Production is scheduled to begin in 2027, with vehicles intended for both the Chinese domestic market and international export markets.<\/p>\n<p class=\"yf-1fy9kyt\">The upcoming Peugeot models will draw from concept vehicles previously showcased at the 2026 Beijing Auto Show.<\/p>\n<p>      Companies Seek Broader Strategic Cooperation    <\/p>\n<p class=\"yf-1fy9kyt\">In addition to the production agreement, the two companies signed a non-binding memorandum of understanding aimed at expanding cooperation through larger operational scale, shared expertise, and joint research and development initiatives.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cWith a track record of more than 30 years of collaboration and shared automotive expertise, Stellantis and Dongfeng are ready to further leverage their strengths and introduce all-new vehicles with cutting-edge EV technologies from brands that customers worldwide trust and love,\u201d Stellantis chief executive Antonio Filosa said in a statement.<\/p>\n<p class=\"yf-1fy9kyt\">Qing Yang, chairman of Dongfeng Group, said the partnership would forge \u201ca new path featuring complementary strengths and win-win outcomes for all parties\u201d while injecting \u201cstrong momentum into DPCA\u2019s transformation.\u201d<\/p>\n<p>      Project Backed by Local Government Policies    <\/p>\n<p class=\"yf-1fy9kyt\">The initiative is being supported by automotive industry policies introduced by Hubei province and the Wuhan municipal government.<\/p>\n<p class=\"yf-1fy9kyt\">The companies noted that the agreement remains subject to the completion of formal contracts covering operational and economic terms, as well as customary approvals and regulatory conditions.<\/p>\n<p class=\"yf-1fy9kyt\">Stellantis stock price<\/p>\n","protected":false},"excerpt":{"rendered":"dodge dart stellantis \u00a9Kipish_f\u00f6n Stellantis (NYSE:STLA) and Dongfeng Motor Group announced on Friday that they have signed an&hellip;\n","protected":false},"author":2,"featured_media":11797,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[9905,9904,9816,1215,6584,171,9906,103],"class_list":{"0":"post-11796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stellantis","8":"tag-concept-vehicles","9":"tag-dongfeng-motor-group","10":"tag-dpca","11":"tag-electric-vehicles","12":"tag-joint-venture","13":"tag-peugeot","14":"tag-production-agreement","15":"tag-stellantis"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/11796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/comments?post=11796"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/11796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/11797"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=11796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=11796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=11796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}