Stellantis and Dongfeng Group signed 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 worldwide sales.
The companies also signed a non-binding strategic MoU to strengthen cooperation by leveraging scale, expertise, and R&D capabilities.
Under the strategic cooperation agreement, subject to required approvals and finalization of relevant implementation agreements, the Dongfeng Peugeot Citroën Automobile Co., Ltd (DPCA) joint venture is expected to produce initially two all-new Peugeot-branded new energy vehicles at its Wuhan plant from 2027.
These will be based on the latest design language of all-new concept cars Peugeot unveiled at the 2026 Beijing Auto Show. The products are intended for China and export to global markets as part of Peugeot’s international growth plan.
The plan includes production at DPCA’s Wuhan plant of initially two Jeep-branded off-road new energy vehicles for global markets, starting in 2027.
Investment and Government Support
Powered by favorable automotive industrial policies of Hubei province and Wuhan municipality, the project corresponds to combined investment exceeding 8 billion Chinese Yuan (approximately €1 billion), of which Stellantis is expected to contribute approximately €130 million.
Antonio Filosa, Stellantis CEO, stated that with over 30 years of collaboration and shared automotive expertise, Stellantis and Dongfeng are ready to leverage their strengths and introduce all-new vehicles with cutting-edge EV technologies from brands that customers worldwide trust and love.
Strategic Integration of Manufacturing Capabilities
Qing Yang, Dongfeng Group Chairman, stated that Dongfeng Motor has always taken the transformation and revitalization of DPCA as a key strategic priority, fully supporting and advancing its sustainable development.
Through this strategic cooperation, by integrating Hubei’s industrial strengths, Stellantis’ global layout advantages and Dongfeng’s intelligent electric vehicle technologies, a new path featuring complementary strengths and win-win outcomes for all parties has been forged, injecting strong momentum into DPCA’s transformation.
The implementation is subject to execution of relevant implementation agreements, including economic and operational principles, and satisfaction of customary conditions and approvals.