Fast Technology News on May 14, yesterday evening, a blogger said that the world's fourth largest automobile group, European auto giant Stellantis global CEO Tang Weishi (Carlos Tavares) visited the headquarters of Leapmotor late at night, based on which the conclusion that "the joint venture between the two sides is estimated to be formally established", the company is named Leap International.
Subsequently, the official Weibo of Leapmotor reposted the above Weibo with the text: Thank you for your attention, see you tomorrow.
On October 26 last year, Leapmotor announced that Stellantis Group plans to invest about 1.5 billion euros (currently about 11.655 billion yuan) to acquire about 20% of the equity of Leapmotor Auto, and at the same time, Stellantis Group and Leapmotor will establish a joint venture called "Leapmotor International" at a ratio of 51:49.
With the exception of Greater China, the joint venture has exclusive export and sales to all other markets around the world, as well as the exclusive right to manufacture Leapmotor products locally.
Stellantis Group will have two seats on the board of directors of Leapmotor and the CEO of the Leapmotor International joint venture will be appointed by Stellantis Group
Earlier this month, it was reported that Zhu Jiangming, chairman and CEO of Leapmotor, and Carlos Tavares, CEO of Stellantis Group, will attend a joint press conference to announce the establishment of the Leapmotor International joint venture.
Tang Weishi's late night visit to Leapmotor, combined with the official attitude of Leapmotor, the two sides will indeed "good things are coming", and it is very likely that the establishment of the joint venture will be directly announced today.
Interestingly, this time, Tang Weishi also took the new medium and large SUV model C16 that Leapmotor is about to launch, which is known as "full allocation of no more than 200,000", focusing on family use, which is still very worth looking forward to.