Stellantis and Tata Motors-owned carmaker Jaguar Land Rover (JLR) have signed a memorandum of understanding (MoU) to explore potential collaboration on product and technology development in the US.
The non-binding agreement focuses on identifying synergies between the two companies, drawing on their respective strengths.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Any deals emerging from the discussions would require binding definitive agreements and satisfaction of customary closing conditions before taking effect.
JLR CEO PB Balaji said: “As we continue to evolve JLR for the future, collaboration will play an important role in unlocking new opportunities.
“Working with Stellantis allows us to explore complementary capabilities in product and technology development that support our long‑term growth plans for the US market.”
JLR is a wholly owned by India’s Tata Motors Passenger Vehicles Limited, which is part of Tata Sons.
The move is the latest in a series of partnership announcements from Stellantis.
Earlier this week, the automaker signed a separate non-binding MoU with Dongfeng to create a Europe-based joint venture focused on the sale and local manufacturing of Dongfeng electric vehicles.
It includes production of models under the Chinese firm’s luxury Voyah brand at Stellantis’s Rennes facility in France.
The week prior, Stellantis and Dongfeng Group reached an agreement to produce Peugeot and Jeep vehicles in China through their existing joint venture, Dongfeng Peugeot Citroën Automobile (DPCA).
Manufacturing under that arrangement is scheduled to begin in 2027, backed by investment of more than 8bn yuan ($1.17bn).
Stellantis’s recent deal-making also extends to its existing relationship with Chinese electric vehicle maker Leapmotor.
Earlier this month, the two companies announced plans to deepen their partnership.
Stellantis became Leapmotor’s single largest shareholder in October 2023, following the acquisition of an approximately 21% stake.
On the latest partnership with JLR, Stellantis CEO Antonio Filosa commented: “By working with partners to explore synergies in areas such as product and technology development, we can create meaningful benefits for both sides while remaining focused on delivering the products and experiences our customers love.”
