Leapmotor, the Chinese new energy vehicle (NEV) maker backed by Stellantis NV, has introduced an updated version of its T03 compact electric vehicle (EV), eliminating the entry-level variant and raising the model’s starting price.
The revised Leapmotor T03, launched on Tuesday, is now available in two variants, priced at RMB 59,900 ($8,270) and RMB 69,900. Both models feature lithium iron phosphate (LFP) battery packs, offering CLTC ranges of 310 km and 403 km, respectively. This marks a shift from the 2024 T03, which debuted in March last year with three variants priced between RMB 49,900 and RMB 69,900, and CLTC ranges starting at 200 km.
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The T03 remains an A0-class, four-seat battery electric vehicle (BEV) with dimensions of 3,620 mm (length), 1,652 mm (width), and 1,605 mm (height), and a 2,400 mm wheelbase. The new model is a single-motor, front-wheel-drive EV, with the lower-priced version delivering 55 kW and the higher-end version producing 80 kW. The 0-50 km/h acceleration times are 5 seconds and 4.1 seconds, respectively, with a top speed of 100 km/h.
To boost sales, Leapmotor is offering limited-time incentives for customers who purchase the updated T03 before February 28. These include a RMB 6,000 discount on the final payment, financing interest subsidies of up to RMB 2,000, and a home charger valued at RMB 2,680. Combined with a national trade-in subsidy of up to RMB 20,000, buyers could save up to RMB 30,680, the company stated.
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Separately, Leapmotor also announced that it has integrated AI models from Chinese AI firm DeepSeek into its cockpit system, enhancing user experience. However, this AI-powered functionality will only be available in the brand’s higher-end C-series models.
Leapmotor’s current lineup in China includes the T03, C01, C10, C11, and C16, with all models except the T03 available in both BEV and extended-range electric vehicle (EREV) configurations.