Stellantis and Dongfeng Group expanded their 34-year partnership through a new strategic agreement. The joint venture, DPCA, will produce all-new Peugeot and Jeep electric vehicles in China for local and international markets. This project requires a combined investment of over 8 billion Chinese Yuan. This total represents approximately 1 billion euros.
DPCA will manufacture two new Peugeot EV models starting in 2027. These vehicles derive from concepts showcased at the 2026 Beijing Auto Show. The Wuhan plant will also produce at least two Jeep-branded electric off-road vehicles for global export. Production for these Jeep models will begin in 2027.
The agreement leverages China’s established EV supply chain and manufacturing scale for global distribution. This strategy aligns with a broader trend of Western carmakers partnering with Chinese firms to navigate the industry's shift toward electric mobility. The deal aims to improve global competitiveness by utilizing China's manufacturing capabilities.