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Stellantis plans Europe JV to sell Dongfeng EVs, plus new affordable EV launch in 2028.

Market News
20 May 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Stellantis and Dongfeng signed a non-binding Memorandum of Understanding to create a Europe-based joint venture focused on sales, distribution, and engineering of Dongfeng's new energy vehicles (NEVs). The JV, majority-owned by Stellantis, will launch Dongfeng's Voyah premium EVs in selected European markets, leveraging Stellantis' retail network and considering local production in France. Additionally, Stellantis will launch an affordable compact electric vehicle project in Europe by 2028, aiming to revive the small-car segment with low-cost, fully electric city cars. These moves align with both companies' strategic goals to expand EV presence in Europe and globally.

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