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From: roto10/25/2023 11:15:50 AM
   of 2786
 
Stellantis nears deal to buy 20% of Chinese EV maker Leapmotor - Bloomberg News

Reuters
October 25, 2023



A flag with the logo of Stellantis is seen at the company's corporate office building in Saint-Quentin-en-Yvelines near Paris, France, May 5, 2021.
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights

".. Leapmotor, which has a market value of around 42 billion Hong Kong dollars ($5.4 billion), declined to comment. Its shares have gained some 22% this year...
Leapmotor said last week its gross margin in the third quarter had turned positive, the first time for the startup even though the industry has been suffering a price war this year...
reuters.com
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