FAW invests over €450 million euros in Leapmotor
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FAW, a state-owned automotive group from China, is investing over €450 million for a 5% stake in Leapmotor, a private Chinese manufacturer. This investment reduces Stellantis Group's stake in Leapmotor to 18.99%. The collaboration between FAW and Leapmotor on a joint vehicle project began in spring 2025. Leapmotor aims to sell 1 million vehicles this year, following a 103.1% sales increase to 596,555 units last year, with a long-term goal of 4 million vehicles annually within ten years.
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