[CLSTR]
< Back to situation

[REVISION HISTORY]

Dongfeng and Stellantis launch 1-billion-euro joint venture

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-20 06:50 UTC → 2026-08-25 06:43 UTC · added removed

Dongfeng and Stellantis automotive launch 1-billion-euro joint venture

Dongfeng Motor Group and Stellantis have established a new officially launched their joint venture in Wuhan, China, named Shenlong Technology (officially Dongfeng Stellantis Automobile (Wuhan) Co., Ltd.). Peugeot-Citroen Technology (also referred to as Shenlong Technology). The entity has a registered capital of approximately 8.2 billion yuan (about 1 billion euros) and involves six parties, including three local industrial investment groups from Wuhan. parties. The venture is designed to integrate Chinese new energy ownership structure includes Dongfeng Peugeot-Citroen Automobile at 24.13%, Wuhan Financial Holding Group and intelligent connectivity technologies with Stellantis’s design Wuhan Economic and global marketing capabilities. Technological Development Zone Industrial Investment Group at 19.52% each, Stellantis and Dongfeng Motor Group at 13.53% each, and Changjiang Industrial Investment Group at 9.76%. The company will focus venture focuses on the research, development, and sales brand management of a new energy vehicles, including pure electric and plug-in hybrid generation of electrified models. While the new company manages these aspects, physical production will continue under the existing production joint venture. Starting in 2027, the Wuhan plant is scheduled to begin production of four new produce two Peugeot New Energy Vehicle (NEV) models, specifically followed by two Jeep and two Peugeot vehicles. These NEV off-road models are intended for global distribution through Stellantis’s international network. Stellantis CEO Antonio Filosa described distribution. Beyond the establishment of Chinese market, the company as companies are discussing a “milestone separate joint venture—comprising 51% Stellantis and 49% Dongfeng—to import and sell high-end Voyah models in Europe. Additionally, preliminary discussions are underway regarding the long-term partnership” between potential production of Chinese models in Europe, specifically at the two automotive groups. Rennes plant in France.

Versions

  1. 2026-08-25 06:43 UTC Dongfeng and Stellantis launch 1-billion-euro joint venture
  2. 2026-08-20 06:50 UTC Dongfeng and Stellantis automotive joint venture

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.