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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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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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1 hour ago
Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...

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4 hours ago
Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...

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4 hours ago
Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...

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DMG Blockchain invests in fintech MeetAmi and AI firm Atomic47 to expand digital asset and AI data center services

DMG Blockchain invests in fintech MeetAmi and AI firm Atomic47 to expand digital asset and AI data center services

DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...

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