Stellantis and Dongfeng Motor Further Strengthen Their 34-Year Cooperation

Stellantis, one of the world’s largest mobility companies, strengthens its long-standing cooperation with Dongfeng Motor Corporation. In this context, the two companies are opening the doors to a new era in their strategic partnership by strengthening the DPCA joint venture. DPCA aims to produce completely new Peugeot and Jeep® models in China for the Chinese market and export activities.

Stellantis, one of the world’s largest mobility companies that invests in all areas of mobility, continues to strengthen its sustainable growth move by expanding the scope of its existing deep-rooted collaborations. In this context, Stellantis and Dongfeng Motor Corporation announced that they have further expanded their 34-year partnership with a strategic cooperation agreement covering the joint production of Peugeot and Jeep® vehicles in China for the Chinese market and global sales. Stellantis and Dongfeng Group also signed a non-binding strategic cooperation agreement (MoU) to further strengthen their collaboration by leveraging the scale, expertise and R&D capabilities of the two parties.

Production begins with two new Peugeot models!

Within the scope of the signed strategic cooperation agreement and subject to the completion of the implementation agreements regarding the necessary approval processes, the Dongfeng Peugeot Citroën Automobile Co Ltd (DPCA) joint venture is planned to produce two completely new energy vehicles with the Peugeot brand in the Wuhan factory, starting from 2027. These models will be based on the most up-to-date design language of the new concept vehicles that Peugeot introduced at the 2026 Beijing Auto Show. These vehicles will be developed for both the Chinese market and global export markets as part of Peugeot’s international growth strategy. The plan also includes the production of two Jeep® branded off-road new energy vehicles for global markets at DPCA’s Wuhan factory, starting from 2027. Strengthened by the supportive industrial policies of the Hubei province and Wuhan municipality for the automotive sector, the project costs over 8 billion Chinese Yuan (approximately 1 billion Euros) in total. It covers a combined investment. Approximately 130 million Euros of this investment is expected to be covered by Stellantis.

The transformation process will gain momentum!

providing information on the subject Stellantis CEO Antonio Filosa “With the strength we derive from our more than 30-year history of cooperation and common automotive expertise, we, as Stellantis and Dongfeng, are ready to take our competencies even further and offer completely new models with the latest electric vehicle technologies under brands that customers trust and love around the world. We are very pleased to implement this project and further develop our cooperation in the future,” he said.Qing Yang, Chairman of Dongfeng Group made the following assessment: “As Dongfeng Motor, we have always considered the transformation and restructuring of DPCA as one of our strategic priorities; we have strongly supported and advanced its sustainable development. With this strategic cooperation, Hubei’s industrial power, Stellantis’ global structuring advantages and Dongfeng’s smart electric vehicle technologies have been brought together, creating a new path in which the parties complement each other and offer a win-win approach for all stakeholders. This cooperation provides a strong impetus to the transformation process of DPCA.” “It will make money.”