Europe is waiting for the production of the first type of Chinese electric cars through a partnership between the two companies, "Leap Motor" and the leader of the multinational industry, "Stellantis." The two companies decided to establish a joint project, which is the "Tychy" factory, and the name of this project goes back to a city in Poland.

During last October 2023, the two companies stated that “Stellantis” intends to invest about 1.5 billion euros in order to acquire 20% of “Leap Motor”, which makes it one of the largest shareholders in the company, and this comes in line with the campaign led by some experts and industry parties in Europe against… Chinese competition in electric vehicles and renewable energy industry.

It is expected that the production of Chinese electric cars will begin in the “Poland” factory during the month of June of this year 2024, and the small electric car “T Zero” will be produced, as the assembled vehicle is being converted into a fully manufactured unit.

During the year 2023, “Stellantis” agreed with “Leap Motor” to establish a joint company, and work is underway to establish the “Leap Motor International” project, which is led by “Stellantis” 49/51%, and the company has exclusive rights to export, sell and manufacture “Leap Motor” products outside China. .

This company is considered the first at the global level in the electric car sector between a distinguished car manufacturing company and a Chinese company specialized in manufacturing renewable energy vehicles. The company’s goal is to support the sales of “Leap Motor” by relying on the position of “Stellantis” in many regions, starting with Europe.

Stellantis aims to rely on the Leap Motor system in the electric vehicle industry, which is cost-effective to achieve strategic goals and explore other areas of cooperation that achieve more profits for both parties.

Among the reasons that prompted the company to choose the location of the electric car factory is the low cost of this type of car so that it can provide a cheap product to a wide segment of consumers. The car’s range is about 280 kilometers and it is considered the type that “Leap Motor” exports to European markets, including France, at a price starting from 20 thousand euros.

"Stellantis" can compete with "Leap Motor", and as for the work team, it is present at the factory site. The company soon intends to sell the four-wheel drive car, which is considered one of the first types produced by the company, to foreign markets in the markets of Germany, France, Italy and Spain.

The export of many cheap electric cars to Europe by Chinese car companies has ignited the race with the continent's producers, with well-known legends in the sector over the years aiming to develop the lowest cost and price.

Tension has increased between China and the European Union in the field of Chinese electric cars. Chinese companies aim to launch vehicle assembly lines in Europe. BYD announced its plan to establish a production line in Hungary. Chery aims to establish a production line in Italy and Spain. The company aims to produce The first type of "Leap Motor" in Europe is in Italy, with a number of 150 thousand units annually.