Leapmotor and Stellantis Open European Orders for Affordable Electric City Car and SUV, Expanding Global Reach

Leapmotor and Stellantis Open European Orders for Affordable Electric City Car and SUV, Expanding Global Reach

(IN BRIEF) Leapmotor International has begun accepting orders in Europe for its affordable electric vehicles, the T03 city car and the C10 SUV, as part of its joint venture with Stellantis. This move aims to provide high-tech, cost-efficient electric mobility solutions, leveraging Chinese engineering and Stellantis’ extensive service network. The T03 offers 265 km of range and starts at €18,900, while the C10 SUV provides 420 km of range, priced from €36,400. The initiative targets growing Leapmotor’s global presence, with future expansion planned for regions like the Middle East, Africa, and South America.

(PRESS RELEASE) AMSTERDAM, 30-Sep-2024 — /EuropaWire/ — Leapmotor International, a joint venture between Stellantis and Leapmotor, has begun accepting orders for its affordable electric vehicles (EVs) across Europe, marking a significant milestone in expanding clean, cost-effective mobility. Stellantis dealers in select European countries will now offer two Leapmotor models: the T03, a compact city car, and the C10, a D-segment SUV. Deliveries are set to begin later this year.

Formed just under a year ago, Leapmotor International aims to scale global sales of high-tech, cost-efficient Chinese new energy vehicles (NEVs) outside of Greater China. Stellantis has invested €1.5 billion to acquire a 21% stake in Leapmotor as part of this strategic collaboration.

“This partnership gives European consumers access to cutting-edge, high-value electric technology with the support and service infrastructure of Stellantis,” said Stellantis CEO Carlos Tavares. “The collaboration with Leapmotor offers an exceptional customer experience, differentiating us from other Chinese automakers.”

Leapmotor, known for its focus on research, development, and vertical integration, aims to deliver high-quality, affordable electric mobility solutions globally.

The two vehicles being launched in Europe highlight Leapmotor’s advanced engineering:

• T03: A five-door A-segment city car offering 265 km of range (WLTP), spacious interior, and a starting price of €18,900*.
• C10: A D-segment SUV with 420 km of range (WLTP), advanced safety features, and premium comfort, priced from €36,400*.

Initial availability covers Belgium, France, Germany, and several other European countries, with plans to expand into regions like the Middle East, Africa, Asia Pacific, and South America by the end of the year. Leapmotor International plans to introduce a new EV model annually for the next three years, complementing Stellantis’ vehicle portfolio and broadening its customer reach.

*Prices may vary by market.

About Leapmotor International

Leapmotor International B.V. is a Stellantis-led joint venture with a 51/49 partnership between Stellantis N.V. and Leapmotor. Headquartered in Amsterdam, the company is focused on redefining the electric vehicle (EV) landscape by leveraging cutting-edge technology and innovation. Leapmotor International is committed to delivering tech-centric, affordable electric mobility solutions to global customers. The company began its operations in Europe in September 2024 and plans to expand into India, Asia-Pacific, the Middle East, Africa, and South America starting in the fourth quarter. Leapmotor International’s product lineup will initially include the T03, an urban-focused A-segment EV, and the C10, a fully equipped, family-oriented D-segment vehicle, with additional models planned over the next three years.

About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.

Media Contacts:

communications@stellantis.com

Fernão SILVEIRA
+31 6 43 25 43 41
fernao.silveira@stellantis.com

Nathalie ROUSSEL
+33 6 87 77 41 82
nathalie.roussel@stellantis.com

SOURCE: Stellantis NV