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Stellantis to build small electric vehicles with Leapmotor (updated)

UPDATE 1-Stellantis to build small electric vehicles with Leapmotor

Adds details

- Stellantis STLAM.MI plans to build small electric vehicles in Pomigliano, Italy, based on the e-car platform being developed together with Leapmotor 9863.HK in Mirafiori, the company's chief technology officer Ned Curic said on Monday.

  • Speaking at the Paris auto show, Curic said its e-car programme had kicked off, with Stellantis staff working with Leapmotor colleagues at the group's Mirafiori complex in Turin, Italy

  • "We have joint locations in Mirafiori, where our engineers and their engineers sit and we teach them what it takes to build a European city car platform, while we are also learning from them how to go and build fast," he said

  • While Stellantis has deep expertise in producing small cars, it is learning from Leapmotor how to build them in just two years, he added

  • With a price tag of around €15,000 ($16,770), e-carsare a new category of low-cost EVs aimed at reviving Europe's shrinking entry-level car market.

  • Stellantis is planning at least two e-car models, expected to hit the market in 2028, to be made in its Pomigliano, Italy plant.

  • They include the Citroen 2CV, a concept of which was unveiled on Monday

($1 = 0.8944 euros)


(Reporting by Gilles Guillaume, Inti Landauro and Giulio Piovaccari, Editing by Charlotte Van Campenhout and Dominique Patton)

((giulio.piovaccari@thomsonreuters.com))

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