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Stellantis Deepens China Ties With Dongfeng to Build Peugeot and Jeep New‑Energy Models

The move signals a push to tap Chinese EV know‑how to revive idle capacity.

Overview

  • Stellantis and Dongfeng signed a strategic cooperation deal to co‑produce Peugeot and Jeep vehicles in China for local sale and export.
  • The program totals about 8 billion yuan (roughly €1 billion), with Stellantis planning to invest about €130 million.
  • Production at the Dongfeng Peugeot Citroën Automobile plant in Wuhan is slated to start in 2027 with two Peugeot new‑energy cars followed by two Jeep off‑road models.
  • Italy’s industry minister said one to three Chinese carmakers are weighing investments in the country, with Stellantis’s underused Cassino site cited as a likely option.
  • Stellantis is leaning on partnerships, including a recent tie‑up with Leapmotor in Spain, as it confronts soft output at plants like Mirafiori and prepares its next industrial plan.