FAW Group-backed Hongqi seeks a potential partnership with Stellantis, eyes European manufacturing base
This move represents a step up in Hongqi's global ambitions, shifting from its historical association with state limousines and domestic prestige toward a broader international role
FAW Group's premium brand, Hongqi, is reportedly exploring establishing a European manufacturing base, potentially in partnership with Stellantis, as Chinese original equipment manufacturers accelerate localization strategies in response to tariffs, logistics costs and intensifying regulatory scrutiny.
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