FAW Group to Pump RM2.85 Billion into Leapmotor Partnership
China’s state-owned automaker FAW Group has formally agreed to invest 3.74 billion yuan (about RM2.85 billion) into Leapmotor, the new energy vehicle (NEV) maker backed by Stellantis, as part of a broader collaboration between the two companies. The move was sealed with an investment and cooperation agreement signed in Hangzhou on 28 December 2025, and