As part of a joint venture 51% controlled by Stellantis, the Chrysler parent will have exclusive rights to export, sale and manufacture Zhejiang Leapmotor Technology’s products outside Greater China.

Source: https://jalopnik.com/let-s-get-back-to-work-ford-and-auto-workers-reach-te-1850961645

By contrast, the Stellantis-Leapmotor deal is more global facing: the two companies will form a joint venture, with Stellantis taking a 51% stake and having exclusive rights for the export, sale, and manufacturing of Leapmotor products outside China.

Source: https://qz.com/stellantis-leapmotor-tie-up-boost-china-ev-sales-1850961151

Its unique vertical integration model maximizes scalability, enabling Leapmotor to quickly respond to customer needs.

Source: https://www.africanews.it/english/stellantis-to-become-a-strategic-shareholder-of-leapmotor-with-e1-5-billion-investment-and-bolster-leapmotors-global-electric-vehicle-business/

“We hope Leapmotor will not only be an EV brand but also a licensor of core technologies,” Zhu said.

Source: https://www.shorenewsnetwork.com/2023/07/31/chinas-leapmotor-unveils-new/