Stellantis (STLA) has stopped making its Chinese partner Leapmotor's T03 electric vehicle in Poland since March 30 and is considering other production options, Reuters reported Tuesday, citing a company statement.
"While the company remains fully engaged in the launch of Leapmotor vehicles in Europe, at the moment it is evaluating different production options," Stellantis said, according to Reuters.
In a separate statement Tuesday, Stellantis said Leapmotor's C10 Range Extended EV will be available at European dealerships beginning mid-April.
Stellantis didn't immediately respond to a request for comment by MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 9.10, Change: -0.16, Percent Change: -1.77
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.