robotics / news / / Reuters
Talks could accelerate Hongqi's European expansion and its plans to launch more than a dozen EV and hybrid models in the region by 2028.
Hongqi is in talks to use Stellantis’ Zaragoza plant to begin producing vehicles in Europe.
KEY POINTS
- This would let Hongqi avoid the cost of building its own European factory for expansion.
- Hongqi vehicles may be built on Leapmotor platforms, leveraging a partnership begun in 2023.
- Production in western Europe would mark Hongqi's first manufacturing base in the region.
COMPANIES
Summarized by Newsio from Reuters. How we summarize →