Monday, September 16, 2024

Stellantis-Leapmotor JV Begins EV Shipments to Europe

Leapmotor International, a joint venture between Chinese electric vehicle (EV) maker Leapmotor and Stellantis NV, has started shipping Leapmotor C10 and T03 EVs to Europe. The vehicles are set to be available for sale from September.

According to a press release from Stellantis, the first batch of C10 and T03 models departed from Shanghai this month. The joint venture aims to launch these models in nine European countries, expanding its sales outlets to 200 by the end of 2024. “Leapmotor International plans to increase its sales outlets in Europe to 500 by 2026,” the release stated.

Credit: Stellantis

In addition to Europe, Leapmotor International will introduce the C10 and T03 to markets in the Middle East, Africa, Asia-Pacific, and South America starting in the fourth quarter of this year.

The venture marks the beginning of a long-term collaboration between Stellantis and Leapmotor, with plans to release at least one new model each year over the next three years.

Stellantis-Led Leapmotor International Eyes South Korea for Electric Car Launch

Leapmotor, founded in 2015, currently offers several models in China, including the T03, C01, C10, C11, and C16. The C10, an SUV with a WLTP range of 420 kilometers, and the T03, a small five-door EV with a WLTP range of 265 kilometers, will be the initial models introduced in Europe.

In October 2023, Stellantis announced a 1.5 billion euro ($1.6 billion) investment in Leapmotor, becoming the largest external shareholder with a 20 percent stake. Leapmotor International is headquartered in Amsterdam and led by Xin Tianshu, vice president of Stellantis China.

Leapmotor Commences Electric Vehicle Production at Stellantis’ Polish Plant – Report

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