Electric Dreams and Geopolitics: Stellantis Dongfeng JV Sparks Questions on EU's "Made in Europe" Rule The European Union's push to locally source electric vehicle components has received a significant boost with the joint venture between French Italian auto giant Stellantis and Chinese manufacturer Dongfeng.
Under the deal, which gives Stellantis a controlling 51% stake, Dongfeng's new EV models will be assembled in western France to comply with the EU's "Made in Europe" rule requiring at least 70% of EV content to be locally made.
The partnership has raised questions about the true intentions behind the EU's policy and its potential implications for global trade.