Stellantis and Leapmotor Expand European EV Manufacturing Partnership

Stellantis and Leapmotor will add a production line at Figueruelas plant in Zaragoza for an Opel electric SUV and Leapmotor’s B10 SUV. B10 could start in 2026; Opel may launch in 2028. They also plan to shift a Leapmotor model to Villaverde plant in Madrid and discuss transferring it to Leapmotor International’s Spanish subsidiary.

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Stellantis took a ~21 % stake in Leapmotor in Oct 2023 and created the Leapmotor International (LPMI) JV (51 % Stellantis, 49 % Leapmotor) to produce Leapmotor models. LPMI launched T03 and C10 in Europe in 2024, grew to >850 sales points and shipped >40 000 vehicles in 2025, then expanded to regions and Mexico in 2026.

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Oct 2023 – Stellantis takes ~21 % of Leapmotor; 2024 – LPMI launches T03/C10 in Europe; 2025 – >850 European sales points, >40 000 shipments; Apr 2026 – LPMI enters Mexico; 8 May 2026 – partnership announced with feasibility studies for Zaragoza and Villaverde lines. Figueruelas plant, which built >10 million Opel Corsa since 1982, will host the new lines. Leapmotor aims for 1 million deliveries in 2026 after 71 387 units sold in April 2026 (+73.95 % YoY).

Stellantis-Leapmotor Pact Expands to Cover Madrid Plant, Joint Opel EV Model

LPMI components should lower bill-of-materials, making EVs more affordable. Spanish production avoids EU duties on Chinese EVs. Joint purchasing blends Chinese NEV scale with European supply-chain resilience, shortening time-to-market. The plan supports Stellantis’ push to expand European EV portfolio before the May 21 business-plan rollout.

Stellantis and Leapmotor expand European EV manufacturing with Zaragoza and Madrid plants

Stellantis CEO Antonio Filosa called plan a “win-win” to localise EV manufacturing. Opel CEO Florian Huettl said SUV will be designed in Rüsselsheim, developed by German and Chinese teams, targeting a 2028 launch. Chairman Xavier Chéreau called collaboration an “innovative spirit” defining next chapter of cooperation. Leapmotor founder Zhu Jiangming said partnership creates a uniquely powerful combination of technology and reach.

Stellantis and Leapmotor deepen partnership for new European SUV

• “This plan ... is expected to support production and advance localisation in Europe of world-class manufacturing of electric vehicles at affordable prices,” — Antonio Filosa, CEO, Stellantis

Reuters

• “The SUV would be designed and created by us at Opel in Rüsselsheim and developed by international teams located in Germany and China.” — Florian Huettl, CEO, Opel

Stellantis and Leapmotor deepen partnership for new European SUV

• “With this project, Opel would bring together German engineering excellence with global technological innovation speed,” — Xavier Chéreau, Chairman, Opel supervisory board & Stellantis CHRO & Sustainability Officer

Opel Announces Intention to Produce new C Segment SUV in Europe, First Model of the Intended Expanded Partnership with Leapmotor

• “ Zhu Jiangming, Leapmotor founder and CEO said: “Leapmotor’s leading-edge technologies, combined with Stellantis’ global reach, deep regional roots and much-loved automotive brands, would make this a uniquely powerful partnership.” — Zhu Jiangming, Founder & CEO, Leapmotor

Stellantis and Leapmotor deepen partnership for new European SUV

All timelines are presented as “potential” or “under evaluation,” and the parties note that definitive agreements and regulatory approvals are still required. Forward-looking statements list numerous risk factors—including market demand, supply-chain disruptions, and regulatory changes—that could alter the projected production dates and ownership transfer.

Opel Announces Intention to Produce new C Segment SUV in Europe, First Model of the Intended Expanded Partnership with Leapmotor

Stellantis will present its new business plan on 21 May 2026, outlining broader EV ambitions. Feasibility studies for Zaragoza and Villaverde lines continue, with Leapmotor B10 targeted for 2026 production and Opel C-SUV for 2028, pending final approvals.

Stellantis and Leapmotor deepen their JV ties