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Electrification Transformation

DPCA's "New Ship" Sets Sail: China's JV Model Evolves from "Market for Tech" to "Tech for Global"

The official registration of Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. marks a new chapter for the 34-year-old Shenlong Auto. Six-party capital union, Chinese partners leading NEV core technology, Stellantis opening global channels — this is not a simple capital injection, but a fundamental shift in China's auto JV model from "foreign technology for Chinese market" to "Chinese technology + European brand + global network."

20921 days ago
Six Parties Inject 8.2 Billion Yuan: Dongfeng Stellantis JV Officially Launches in Wuhan

Six Parties Inject 8.2 Billion Yuan: Dongfeng Stellantis JV Officially Launches in Wuhan

On August 20, 2026, Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. was officially inaugurated in the Wuhan Economic and Technological Development Zone. Six shareholders together invested approximately 8.2 billion yuan. The new company will focus on vehicle R&D, industrial investment, and NEV sales, with the first four new models expected to roll out starting in 2027 covering both BEV and PHEV powertrains.

56121 days ago
Dongfeng Shenlong Technology Registered with 8.2B Yuan Six-Party Joint Venture Reshaping French Auto Landscape

Dongfeng Shenlong Technology Registered with 8.2B Yuan Six-Party Joint Venture Reshaping French Auto Landscape

On August 17, 2026, Dongfeng Shenlong Technology (Wuhan) Co., Ltd. completed business registration in Wuhan Economic Development Zone with registered capital of nearly 8.2 billion yuan. Established by six parties including Dongfeng and Stellantis, the company will adopt a cooperation model where Chinese partners provide NEV and intelligent technology while Stellantis contributes brands and global sales channels, with NEV models launching from 2027 onward.

42025 days ago
CPCA Data Shows NEV Penetration Exceeds 63% in June, Electrification Progress Surpasses Expectations

CPCA Data Shows NEV Penetration Exceeds 63% in June, Electrification Progress Surpasses Expectations

The latest data from the China Passenger Car Association shows that in the first two weeks of June 2026, the national passenger vehicle NEV retail penetration rate reached **63.9%**, while the wholesale penetration rate hit **67.3%**, both setting new record highs. This data indicates that China's automotive electrification process is accelerating, with the annual NEV penetration rate expected to exceed 60%.

77675 days ago