Stellantis Considers Deals with Xiaomi Group and XPeng to Revitalize European Business

MaticHoleFiller · 2026-03-13T13:15:21+00:00

Stellantis Group is in talks with Chinese automakers such as Xiaomi and XPeng Motors seeking investment in its European operations, while shifting its focus toward the Americas market. Discussions involve equity stakes and automotive manufacturing capacity, with no deal confirmed yet. The company denies breakup plans, emphasizing its continued pursuit of optimal mobility solutions.

MaticHoleFiller

2026-03-13 13:15:21

Abstract generation in progress

According to informed sources, Stellantis is exploring a deal with a Chinese automaker, where the latter would invest in the struggling European operations of the Fiat parent company. Meanwhile, Stellantis is shifting its investment focus to the American market.

Sources say company executives have met with Xiaomi Group and Xpeng Motors to discuss various plans to restructure Stellantis’ European business, including shares in Maserati or other brands. Because these discussions involve confidential negotiations, sources requested anonymity. They also indicated that as the company seeks expansion in Europe, talks have included acquiring automotive manufacturing capacity.

“As part of normal business processes, Stellantis engages with industry professionals worldwide on various topics, with the ultimate goal of providing the best mobility options for customers,” the automaker said in a statement. “The company does not comment on any speculation.”

A spokesperson for Xpeng declined to comment. Xiaomi has not responded to requests for comment.

Following the Bloomberg report, Stellantis’ stock narrowed its earlier losses. Xpeng ADRs rose as much as 5.4%, and Xiaomi ADRs increased by 2.4%.

These discussions highlight the differing development paths of Stellantis’ European and U.S. operations. The Jeep parent company has launched approximately $13 billion in investments to update its product lineup.

Some sources say that this restructuring could ultimately lead to further separation of the company’s U.S. and European businesses, although current discussions do not focus on a full split.

The company stated, “Stellantis explicitly states that it is not considering a split. Any claims to the contrary are purely fabricated.”

Sources also mentioned that months of negotiations involve the possibility of the Chinese firms taking stakes in Stellantis’ European entities. However, they emphasized that no final deal has been guaranteed at this stage.

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