Stellantis and Dongfeng announced a joint venture in Europe, with Stellantis holding a 51% stake and Dongfeng owning 49% [1, 2].
The venture will assemble Dongfeng's Voyah electric vehicles at Stellantis' manufacturing facility in Rennes, western France [1, 2]. This aligns with the European Union's new 'Made in Europe' rule requiring at least 70% of electric vehicle components to be produced locally [2].
Stellantis CEO Antonio Filosa said the partnership will deliver more competitive products by combining Stellantis' global reach with Dongfeng's link to China's new energy vehicle market. He stated, "With this new chapter in our collaboration, we will give our customers an even greater choice of competitive products and pricing, leveraging the best of Stellantis' global footprint alongside Dongfeng's access to China's advanced new energy vehicles ecosystem" [1].
Dongfeng chairman Qing Yang highlighted that the joint venture will enhance value through coordinated technology, branding, and market efforts. "It will unlock greater value from the joint venture, accelerate Dongfeng's global expansion, [and] support Stellantis's global strategic shift and China presence," he said [1].
Financial terms of the stake acquisition have not been disclosed [1].
This deal follows Stellantis’ recent plans to produce Jeep and Peugeot models for the Chinese market and deepen technology collaboration with Dongfeng [1].
The joint venture was announced in June 2026 and marks a significant step toward meeting regional content requirements while combining strengths across Europe, China, and global markets [1, 2].
