China’s oldest carmaker eyes stake in Leapmotor amid EV surge

scmp.com/business/china-business/article/3322527/faw-chinas-oldest-carmaker-eyes-10-leapmotor-boost-stake-ev-surge

FAW Group, mainland China’s oldest carmaker, plans to acquire a 10 per cent stake in Stellantis-backed electric vehicle (EV) maker Leapmotor, as the state-owned automotive giant looks to enhance its competitiveness in the segment, according to Cailian, a Shanghai-based financial news…

This story appeared on scmp.com, 2025-08-20 11:00:08.
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