The partnership between Stellantis and Leapmotor started less than a year ago. Stellantis owns 51% of the joint venture, while Leapmotor holds 49%. They aim to grow global sales of high-tech, cost-efficient Chinese new energy vehicles outside China. Stellantis invested €1.5 billion for about 21% stake in Leapmotor.
The T03 is a small electric vehicle that will be made in Tychy, Poland. Production will start before the end of the year at the same facility that makes the Alfa Romeo Junior, Jeep Avenger, and Fiat 600. The T03 has a 37.3-kilowatt-hour battery, a range of 265 kilometers (WLTP), and 95 horsepower from its front-mounted motor. It's similar in size to the Dacia Spring but offers more power and a longer range. The price will be competitive, though it might change with new import duties.
The C10 is a larger electric crossover, bigger than the Volkswagen ID.4 but slightly smaller than the new electric Porsche Macan. It starts at €36,400. The C10 has a 69.9 kWh LFP battery with a 420 km (WLTP) range. Unlike the T03, the C10 will be made in China, which makes its price vulnerable to import duty changes.
Initial markets for Leapmotor vehicles in Europe will be Belgium, France, Germany, Greece, Italy, Luxemburg, Malta, The Netherlands, Portugal, Romania, Spain, Switzerland, and the UK. Leapmotor International plans to expand distribution to Middle East & Africa (Israel and overseas French territories), Asia Pacific (Australia, New Zealand, Thailand, Malaysia and Nepal), and South America (Brazil and Chile) from Q4 this year.
Leapmotor plans to introduce new models in Europe over the next three years. However, there are no announced plans to build the C10 in Europe at this time.
Source: Stellantis
