Hongqi in talks with Stellantis for Spanish plant. Hongqi targets 1M sales by 2030, 10% outside China. Hongqi to launch 12+ electric/hybrid models in Europe by 2028. Leapmotor negotiating Opel SUV with Stellantis for Zaragoza. Stellantis and FAW invest in Hongqi. Hongqi avoids costs to enter Europe quickly. Hongqi considers Hong Kong for lower tariffs. Spain's decision not final