Stellantis Brings China EVs to South America in Brazil Expansion

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Stellantis, which owns brands such as Jeep and Fiat, will expand its engine factory in Betim, Brazil, to handle the increased output, a company executive said. Photo: Bloomberg

(Bloomberg) — Stellantis NV plans to offer electric vehicles co-developed with Zhejiang Leapmotor Technologies Ltd. in South America — including top market Brazil — after the two companies struck a deal to build and sell the cars outside China.

The Netherlands-based automotive group, which owns brands such as Jeep, Fiat, Peugeot and Citroen, will expand its engine factory in Betim, Brazil to handle the increased output, according to Emanuele Cappellano, Stellantis’s chief operating officer for South America.