China's FAW buys US$534 million stake in Leapmotor as EV firm sees deliveries jump in 2026 [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
FAW Group , mainland China's oldest carmaker, has agreed to acquire a 5 per cent stake in the Hong Kong -listed EV assembler for 3.74 billion yuan (US$534 million) by buying an additional 74.8 million shares at HK$55.29 apiece, according to a stock exchange filing by Leapmotor. The landmark equity outlay by FAW underscores growing investor confidence in Leapmotor, in which Stellantis owns a 19 per cent stake, despite analysts' bearish sales forecast for mainland China's car market, the world's largest. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "Leapmotor aims to achieve annual deliveries of 4 million units a year in 10 years' time," founder and CEO Zhu Jiangming said at a media briefing on Monday in its headquarters in Hangzhou . "Leapmotor will strengthen our value through the
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- China's Leapmotor targets annual sales of more than 4 million units in a decade [Yahoo! Finance]Yahoo! Finance
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- Stellantis (NYSE:STLA) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=STLA&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a>MarketBeat
- 2025: The year the Big Three backed away from EVs [Yahoo! Finance]Yahoo! Finance
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STLA
Sec Filings
- 12/1/25 - Form 6-K
- 10/30/25 - Form 6-K
- 10/15/25 - Form 6-K
- STLA's page on the SEC website