Skip to site menu Skip to page content

Daily Newsletter

14 May 2024

Daily Newsletter

China’s Leapmotor to begin EU expansion in Q4

Exports to start to nine countries in mainland Europe

Dani Cole May 14 2024

Stellantis and Leapmotor have announced their JV Leapmotor International will start exporting to mainland Europe in September of this year.

The 51/49 equity share Stellantis-led firm is preparing for the introduction of the T03 and C10 models first in the European markets.

Leveraging Stellantis distribution channels, the launch plan will begin in Europe: France, Italy, Germany, Netherlands, Spain, Portugal, Belgium, Greece, Romania.

It will be supported by a planned 200 points of sale by the end of the year, including Stellantis &You locations, ramping up to 500 by 2026.

In late 2024, the Leapmotor product launch roll-out will expand to the Middle East & Africa (Turkey, Israel and French Overseas), India & Asia Pacific (Australia, New Zealand, Thailand, Malaysia and India), and South America (Brazil and Chile).

Leapmotor Founder, Chairman and CEO Jiangming Zhu said: “The partnership between Leapmotor and Stellantis demonstrates a high level of efficiency, opening a new chapter in the global integration of China's intelligent electric vehicle industry.”

Stellantis CEO Carlos Tavares said: “The creation of Leapmotor International is a great step forward […] with state-of-the-art BEV models that will compete with existing Chinese brands in key markets around the world.”

The Leapmotor C10 is its first global product, built according to global design and safety standards, the JV says.

The Leapmotor T03 is a small five-door, A-segment urban commuter car with B-segment interior space.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close