Stellantis Forms Joint Venture with Chinese Automaker Dongfeng for Electric Vehicle Production
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European automotive giant Stellantis has established a joint venture with Chinese manufacturer Dongfeng to produce electric vehicles. The partnership is designed to support Dongfeng's global expansion plans while advancing Stellantis's strategic objectives in the electric vehicle sector. Stellantis, formed in 2021 through the merger of French PSA Group and Italian-American Fiat Chrysler, operates major brands including Peugeot, Citroën, Jeep, and Ram. The collaboration reflects the growing trend of Western and Chinese automakers forming alliances to accelerate electric vehicle development and expand market reach, particularly as the automotive industry undergoes rapid transformation toward electrification.