Stellantis-Leapmotor JV receives green light from Chinese regulator: report

Stellantis-Leapmotor JV receives green light from Chinese regulator: report

A view shows model TO3 of Leapmotor, a Chinese automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo

A proposed joint venture that would allow world No. 4 automaker Stellantis to build and sell Leapmotor’s electric vehicles outside China has received approval from a Chinese regulator, according to two sources familiar with the matter.