Citroen Auto Technology Co., Ltd. was established in the Wuhan Economic Development Zone on the morning of August 20. “Citroen Motors will focus on production. Citroen Technology is responsible for investing, planning and operating the brand, and the two sides will jointly support the intelligent and electrified transformation of the Citroen brand.” The relevant person in charge of Shenlong Technology used “integrated operation, division of labor and collaboration” to describe the future position of Xinlong. Citroen Technology was jointly funded by six parties including Dongfeng Motor, Stellantis Group, Citroen Motor, Changjiang Industrial Investment Group, Wuhan Financial Holding Group, and Wuhan Economic Development Industrial Investment Group.

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