--- title: "Stellantis Plan Europe JV With Dongfeng Motor Group For Dongfeng Energy Vehicles" type: "News" locale: "en" url: "https://longbridge.com/en/news/287024143.md" description: "Stellantis N.V. announced plans to form a joint venture with Dongfeng Motor Group in Europe, focusing on sales and manufacturing of Dongfeng's new energy vehicles. The 51/49 joint venture aims to utilize Stellantis' distribution network and localize production at its Rennes plant in France. The deal is subject to approvals and agreements. Stellantis shares closed down 0.81% at $7.35 but rose 0.82% to $7.41 in after-hours trading." datetime: "2026-05-20T07:34:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287024143.md) - [en](https://longbridge.com/en/news/287024143.md) - [zh-HK](https://longbridge.com/zh-HK/news/287024143.md) --- # Stellantis Plan Europe JV With Dongfeng Motor Group For Dongfeng Energy Vehicles Add as your preferred news source on Google Add Now Stellantis N.V. (STLA), on Wednesday announced plans to form a Europe-based joint venture with Dongfeng Motor Group Co., Ltd. focused on sales, distribution, manufacturing, purchasing and engineering activities for Dongfeng new energy vehicles in Europe. The companies signed a non-binding memorandum of understanding to establish a Stellantis-led 51/49 joint venture. The proposed transaction remains subject to definitive agreements, customary approvals and closing conditions. The company said that the proposed venture would oversee sales and distribution of Dongfeng's Voyah-branded premium new energy vehicles in designated European markets using Stellantis' distribution and after-sales network. The partners also plan to localize production of Dongfeng new energy vehicle models at Stellantis' Rennes plant in France, in line with Made-in-Europe requirements. Earlier this month, Stellantis and Dongfeng announced plans to produce new Peugeot and Jeep-branded new energy vehicles at the Wuhan plant in China for domestic and export markets starting in 2027. Stellantis closed trading 0.81% lesser at $7.35 on the New York Stock Exchange. In the overnight, the stock is trading 0.82% higher at $7.41. For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [STLA.US](https://longbridge.com/en/quote/STLA.US.md) - [CARZ.US](https://longbridge.com/en/quote/CARZ.US.md) - [00489.HK](https://longbridge.com/en/quote/00489.HK.md) ## Related News & Research - [Stellantis Plan To Launch China EVs In Europe](https://longbridge.com/en/news/287079969.md) - [Jaguar Land Rover explores building cars in America to skirt Trump tariffs](https://longbridge.com/en/news/287109406.md) - [Stellantis unveils US revival plan with China, JLR deals](https://longbridge.com/en/news/287078508.md) - [Jeep’s next SUV may take cues from the Range Rover](https://longbridge.com/en/news/287082806.md) - [Stellantis to produce small E-Car in Italy's Pomigliano from 2028](https://longbridge.com/en/news/286867854.md)