{"id":14278,"date":"2026-05-20T11:59:09","date_gmt":"2026-05-20T11:59:09","guid":{"rendered":"https:\/\/www.europesays.com\/netherlands\/14278\/"},"modified":"2026-05-20T11:59:09","modified_gmt":"2026-05-20T11:59:09","slug":"stellantis-and-dongfeng-form-ev-joint-venture-for-europe","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/netherlands\/14278\/","title":{"rendered":"Stellantis and Dongfeng form EV joint venture for Europe"},"content":{"rendered":"<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">PARIS\/MILAN (Reuters) &#8212; Stellantis and China&#8217;s Dongfeng plan to form a joint venture in Europe, including potential production at a French plant, the companies said on Wednesday.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">In the latest early insight into the French-Italian automaker&#8217;s strategy, the two companies signed a preliminary agreement to set up a JV &#8211;owned 51% by Stellantis and 49% by Dongfeng &#8212; that will cover sales and distribution, manufacturing, purchasing and engineering activities focused on Dongfeng&#8217;s new energy vehicles (NEVs).<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">The venture will seek to sell Dongfeng&#8217;s premium Voyah-branded NEVs in some European markets.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">The move, which Reuters reported earlier, builds on a deal unveiled last week under which Dongfeng will make Jeep and Peugeot brand cars in China.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">Stellantis is due to hold a capital markets day on Thursday, where CEO Antonio Filosa is expected to pitch investors on plans to regain market share in North America and Europe.<\/p>\n<p>                    See also<br \/>\n                                            <img fetchpriority=\"high\" decoding=\"async\" class=\"img-fluid  ImageNew_imageNewImageResponsive__f1VTu\" full=\"https:\/\/images.ft.com\/v3\/image\/raw\/https%3A%2F%2Fcms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%2Fimages%2F2%2F5%2F7%2F5%2F12495752-1-eng-GB%2Ff0a5133e2184-BA.jpg?source=nar-cms\" loading=\"eager\" src=\"https:\/\/www.europesays.com\/netherlands\/wp-content\/uploads\/2026\/05\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/2\/5.jpeg\" alt=\"\" width=\"304\" height=\"171\"\/><\/p>\n<p>                            <a class=\"Link_link__qPD1b\" href=\"https:\/\/asia.nikkei.com\/business\/business-asia\/japan-s-auto-industry-plots-new-road-map-to-counter-byd-threat\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                                Japan&#8217;s auto industry plots new road map to counter BYD threat<br \/>\n                            <\/a><\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">The partners plan to explore local production of Dongfeng models at Stellantis&#8217; Rennes plant in France, in compliance with European Union requirements.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">The move would add to recent Stellantis announcements about shared production in Spain with its other Chinese partner, Leapmotor9863.HK, as well as plans to launch manufacturing in Italy of stripped-down, cost-efficient small e-cars. Stellantis is seeking to increase production and fill its underused assembly lines in Europe.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">The agreement also aligns with Dongfeng&#8217;s global ambitions. The state-owned Chinese carmaker is targeting annual sales of about 5 million vehicles by 2030, with more than 40% from outside China.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">Dongfeng still owns a stake of just over 1% in Stellantis, having been a longtime investor and partner with Peugeot maker PSA, which in 2021 merged with Fiat Chrysler to form Stellantis.<\/p>\n","protected":false},"excerpt":{"rendered":"PARIS\/MILAN (Reuters) &#8212; Stellantis and China&#8217;s Dongfeng plan to form a joint venture in Europe, including potential production&hellip;\n","protected":false},"author":2,"featured_media":14279,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[2750,18,264,11916,11917,103,11918],"class_list":["post-14278","post","type-post","status-publish","format-standard","has-post-thumbnail","category-stellantis","tag-dongfeng","tag-europe","tag-ev","tag-form","tag-joint","tag-stellantis","tag-venture"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/14278","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=14278"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/14278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/14279"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=14278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=14278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=14278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}