Market Chatter: Stellantis Set to Build Dongfeng's Voyah EVs at French Plant

MT Newswires Live05-20

Stellantis is set to form a joint venture with Dongfeng Motor (HKG:0489) and manufacture at least one fully electric Voyah (HKG:7489) model at its Rennes plant in France, Reuters reported Tuesday, citing two people familiar with the matter.

Under a letter of intent signed by the companies, Stellantis would hold a 51% stake in the venture, according to the report.

The agreement could be announced as early as Wednesday morning, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment