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Sources: Stellantis-Leapmotor joint venture receives regulatory approval

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Published: March 7th, 2024,
Last updated: May 28th, 2025

Carlos Tavares, CEO of Stellantis, and Leapmotor CEO Zhu Jiangming in October 2023.

As reported by the Reuters news agency on Wednesday, the planned cooperation between Stellantis and the Chinese automaker Leapmotor has received approval from China’s National Development and Reform Commission (NDRC), according to two sources familiar with the matter. One of the sources stated that while the NDRC has given its approval to the joint venture, the business is still awaiting regulatory approval in other markets.

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