Close Menu
Business Pro
  • Home
  • Business
  • Editor’s Choice
  • Economy
  • Energy
  • Finance
  • Investing
  • Metals
Trending Now

China-U.S. Economic and Trade Negotiations Concluded, Macro Sentiment Rebounds Triggering Copper and Aluminum Rebound [Institutional Commentary]

May 12, 2025

So much for ‘drill, baby, drill’?

May 12, 2025

Here’s How Scaling a Business Really Works

May 12, 2025
Facebook X (Twitter) Instagram
Trending
  • China-U.S. Economic and Trade Negotiations Concluded, Macro Sentiment Rebounds Triggering Copper and Aluminum Rebound [Institutional Commentary]
  • So much for ‘drill, baby, drill’?
  • Here’s How Scaling a Business Really Works
  • Trump’s tariffs could boost some ‘Made in America’ small businesses. But for many, they only hurt
  • Spain power outage sparks a blackout blame game over green energy
  • Utah Middle school students learning to think like Shark Tank founder
  • The Importance of Real Partners
  • Delivery of SHFE copper futures approaching, Shanghai spot copper shifts from premium to discount [SMM Shanghai spot copper]
  • About
  • Privacy Policy
  • Terms
  • Contact
Facebook X (Twitter) Instagram
Business Pro
Subscribe
Monday, May 12
  • Home
  • Business
  • Editor’s Choice
  • Economy
  • Energy
  • Finance
  • Investing
  • Metals
Business Pro
Home»Metals
Metals

Stellantis, Leapmotor about to launch local EV assembly project in Malaysia

Business ProBy Business ProApril 19, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Email WhatsApp Copy Link

Shanghai (Gasgoo)- On April 18, Stellantis and Leapmotor announced plans to kick off a localized electric vehicle (EV) assembly project in Malaysia, marking a significant milestone in their collaboration.

The initiative will be based at Stellantis’ existing Gurun plant in Kedah, with an initial investment of €5 million (approximately 24 million Malaysian ringgit). Production of Leapmotor’s first locally assembled model, the C10, is scheduled to begin by the end of 2025.

By introducing Leapmotor’s advanced and cost-effective EV products, Stellantis aims to expand its product portfolio in Southeast Asia while contributing to the region’s transition toward sustainable mobility.

Ashwani Muppasani, Chief Operating Officer of Stellantis India & Asia Pacific, emphasized the strategic importance of this development, stating, “This regional milestone not only marks the beginning of Leapmotor’s localized production, but also opens a new chapter in our electrification journey across ASEAN. By combining Leapmotor’s innovation and competitive products with Stellantis’ regional expertise and global scale, we are laying the foundation for sustainable mobility in Malaysia and beyond.”

The Gurun facility, a key manufacturing hub for Stellantis in the region, offers a strategic location and mature automotive capabilities. Its ability to scale production and distribute vehicles across neighboring ASEAN markets aligns with Stellantis’ ASEAN manufacturing, ASEAN sales” strategy.

Zhu Jiangming, Founder, Chairman, and CEO of Leapmotor, added that the project will accelerate the company’s global expansion. “We look forward to working closely with Stellantis to bring new technology and vitality to Malaysia’s automotive transformation, and to establish a model for Leapmotor’s broader entry into the Southeast Asian market,” he said.

(Source)

assembly launch Leapmotor Local Malaysia project Stellantis
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

China-U.S. Economic and Trade Negotiations Concluded, Macro Sentiment Rebounds Triggering Copper and Aluminum Rebound [Institutional Commentary]

Delivery of SHFE copper futures approaching, Shanghai spot copper shifts from premium to discount [SMM Shanghai spot copper]

National Bureau of Statistics (NBS): CPI in April decreased by 0.1% YoY and increased by 0.1% MoM

National Bureau of Statistics (NBS): PPI fell 0.4% MoM in April, with prices in some industrial sectors continuing to show a steady and improving trend.

Raw Material Supply Deteriorates, Operating Rate of Secondary Copper Rod Pulls Back Significantly [SMM Analysis]

Continental rolls off first China-made sixth-generation millimeter-wave radar

Just In

So much for ‘drill, baby, drill’?

May 12, 2025

Here’s How Scaling a Business Really Works

May 12, 2025

Trump’s tariffs could boost some ‘Made in America’ small businesses. But for many, they only hurt

May 12, 2025

Spain power outage sparks a blackout blame game over green energy

May 12, 2025

Utah Middle school students learning to think like Shark Tank founder

May 12, 2025

Top News

The Importance of Real Partners

May 12, 2025

Delivery of SHFE copper futures approaching, Shanghai spot copper shifts from premium to discount [SMM Shanghai spot copper]

May 12, 2025

US and China set to announce progress made during marathon trade talks

May 12, 2025
Facebook X (Twitter) Instagram
© 2025 Business Pro. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.