BRIEF: GAC-Stellantis joint venture officially declared bankrupt

Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
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BRIEF: Stellantis halts Leapmotor EV production in Poland

Automaker Stellantis (STLA.US) announced on Tuesday that it stopped assembling Chinese EV maker Leapmotor’s (9863.HK) T03 small electric vehicle (EV) at its Polish plant as of March 30. The company…

BRIEF: Leapmotor’s loss narrows on rapid growth

Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) reported Monday its sales in the third quarter jumped 94.4% year-on-year to 86,165 units, fueling a 74.3% revenue increase to 9.86 billion…