Krypton Evening News | SpaceX to become the second listed company under Musk; JD.com, Yanghe Group, etc. establish new kinetic energy equity investment fund in Suqian with a capital contribution of 1 billion
Stellantis is partnering with Chinese automaker Leapmotor to produce affordable electric vehicles in Italy, with the first model, dubbed 'E-Car,' slated for a 2028 launch. This collaboration aims to address the shrinking European market for compact economy cars by leveraging Leapmotor's competitive technology and reducing costs. The initiative is part of Stellantis's strategy to expand its electric vehicle offerings in the European market. AI
IMPACT This partnership could influence the competitive landscape of the European EV market by introducing more affordable options.