According to recent reports, Stellantis and its Chinese partner Leapmotor are planning a $200 million investment in a Spanish factory to produce the B10 all-electric SUV for the European market starting in 2026. 🇪🇸⚡

Spain’s Zaragoza region has emerged as the preferred location for this venture, beating out potential sites in Germany and Slovakia. Both companies are reportedly ramping up efforts to source components locally to qualify for Spain’s maximum EV subsidies.

The B10 model, set to debut in Europe in September 2024, marks a significant step in Stellantis and Leapmotor’s strategy to strengthen their foothold in the European EV market.

While the final decision on the plant location is still pending, mass production is expected to begin in Q1 2026.

Exciting developments are underway in the EV space as Stellantis and Leapmotor are reportedly planning to set up production in Spain for their upcoming B10 electric vehicle. 🇪🇸⚡

Here’s what you need to know:

🔋 B10: A Global Game-Changer

Leapmotor has described the B10 as the first model in its B-series EVs, designed specifically for international markets. Stellantis has also highlighted that the B10 will offer “high-tech, affordable electric mobility” to consumers outside of China. 🌍🚗

🏭 Why Spain?

Initially, Stellantis and Leapmotor considered using facilities in Germany (Eisenach) and Slovakia (Trnava) for production. However, Spain emerged as the preferred choice due to:

✅ Lower labor costs

✅ Generous government incentives for clean energy initiatives

✅ The presence of major battery manufacturers like CATL and Envision AESC, which are already setting up shop in the country.

🚙 Expanding the Portfolio

The collaboration doesn’t stop at the B10. Stellantis has already started producing Leapmotor’s compact EV T03 in Poland for the European market. Additionally, their joint venture has officially launched sales of the T03 and the large electric SUV C10 in the UK, leveraging Stellantis’ extensive dealer network. 🇬🇧✨

This partnership is a testament to the growing synergy between global automotive giants and innovative Chinese EV makers. With Spain as a potential hub, Stellantis and Leapmotor are poised to make waves in the European EV market. 🌊⚡