Stellantis To Introduce Leapmotors Affordable EVs in Q4, 2024

Published ByKonica Singh

|

2024-05-15

Follow us on:

Stellantis To Introduce Leapmotors Affordable EVs in Q4, 2024

The Chinese EV maker, Leapmotor, in partnership with Stellantis, is planning to enter the Indian market. As confirmed by the Chief Executive Officer, Carlos Tavares, they will bring their EVs into the country by the last quarter of 2024. Speculations suggest that the Leapmotor T03 electric hatchback and the C10 electric SUVs could be prepared for Indian customers.

Leapmotor Will Produce Its EVs in India

The India-based manufacturing facility will be used to produce and sell the Leapmotor electric vehicles to avoid high import duties.

The company aims to expand to 9 European countries. These include France, Belgium, Germany, Italy, Netherlands, Greece, Spain, Portugal, and Romania, starting from September 2024. It is believed that the brand will sell its product across 200 dealerships in the region.

In the last quarter of 2024, Leapmotor International will gradually enter India, South America, Africa, the Middle East, and Asia Pacific regions.

Furthermore, Leapmotor International will be focused on volume-centric segments. It will have 6 models in the portfolio by 2027. “The ultimate goal is the zero-emission vehicles. The JV will help in offering affordable vehicles,” Tavares said.

Also Read: Hyundai Casper Trademarked in India: A Santro Replacement?

Follow us onCarLelo WhatsApp channelandGoogle News

About Author

Konica Singh

Sub-Editor

Konica Singh is a passionate Automotive Journalist who brings the world of cars to life, from EV trends to exciting new car launches. Backed by 7 years in content creation, she is skilled in writing, editing, and SEO strategy that drives engagement.

Education: MA English (Delhi University)

Social Media: LinkedIn | Instagram | Twitter | Facebook

Email: konica.singh63@gmail.com

Location: New Delhi

Read full Bio of Konica Singh

Looking for

Car Loan?

Whether you're eyeing a sleek sedan, a spacious SUV, or a sporty coupe, we've got you covered. Purchase your next dream car from Carlelo.com and make financing your new ride a breeze.