Stellantis (NYSE: STLA) and Dongfeng Group today announced the signing of a strategic cooperation agreement to expand their 34-year partnership through shared production of Peugeot and Jeep® vehicles in China for the Chinese market and for sales worldwide. The plan also includes the production at DPCA’s [Dongfeng Peugeot Citroën Automobile is a joint venture with Stellantis. Chinese automakers are now setting global trends. – AutoCrat] Wuhan plant of initially two Jeep®-branded off-road new energy vehicles for global markets, starting in 2027.

“With a track record of more than 30 years of collaboration and shared automotive expertise, Stellantis and Dongfeng are ready to further leverage their strengths and introduce all-new vehicles with cutting-edge EV technologies from brands that customers worldwide trust and love,” said Antonio Filosa, Stellantis CEO. “We look forward to this project and to collaborate even more in the future.”