Tag Archives: Leapmotor T03

Stellantis brings Leapmotor to the European market

In October 2023, Stellantis formed a joint venture with Leapmotor, where the world’s largest conglomerate will have a 51 percent stake with the rights to export, sell and manufacture Leapmotor electric vehicles outside of China. The first cars of the Chinese company that will be assembled and sold on the European market are the T03 and SUV C10.

The cars will first be offered on the markets of nine European countries (France, Italy, Germany, the Netherlands, Spain, Portugal, Belgium, Greece and Romania) and sales will begin at the end of summer. By the end of the year, Stellantis will expand the business of the Chinese brand to the markets of the Middle East, Africa, India, South America and the Asia-Pacific region.

Leapmotor T03 will be produced in Poland using SKD assembly, which is the simplest way to assemble the car. It should be noted that the Fiat 500 and Jeep Avenger are produced in the same factory. Currently, T03 can be bought in France, and the plan is to expand to other European markets. It is powered by a single electric motor with 101 hp (75 kW), and with one battery charge this car has a range of up to 265 kilometers.

Unlike the T03 model, the Leapmotor C10 SUV will not be produced in Europe, but in China. It is powered by a single electric motor with 231 hp (170 kW) and 235 lb-ft (320 Nm) of torque. Enough to accommodate five passengers, the C10 is equipped with a 52.9 kWh battery that enables a CLTC range of 410 km.

Source: Stellantis

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Leapmotor T03 will be produced in Poland

Chinese car manufacturers are trying in every way to avoid problems with importing electric cars to the European market, and one of the ways is production on European soil. After BYD and Chery decided to produce their cars on European soil, another Chinese company will do the same. Leapmotor has announced that it will assemble its small electric car, the T03, in Poland.

In October 2023, Stellantis formed a joint venture with Leapmotor, where the world’s largest conglomerate will have a 51 percent stake with the rights to export, sell and manufacture Leapmotor electric vehicles outside of China. Stellantis’ factory in Poland will be the place where the T03 will be produced, and production will start in Q2 of this year.

The car will be manufactured using SKD assembly, which is the simplest way to assemble the car. It should be noted that the Fiat 500 and Jeep Avenger are produced in the same factory. Currently, T03 can be bought in France, and the plan is to expand to other European markets.

In 2023, Stellantis bought 20% of Leapmotor for €1.5 billion. It was a good financial injection for the Chinese company, which will improve its sales results in the domestic market, but also expand its business outside of China. Shares of Leapmotor have risen about 22 percent in Hong Kong in 2023, making the company’s market value exceed $5.4 billion. On that occasion, the company’s founder Zhu Jiangming said: “Today it is a great milestone in Leapmotor’s history, and I am thrilled to witness this moment together with Mr. Tavares and his team. We believe in win-win partnerships formed by strong players in the fast-evolving environment. Working with Stellantis, we will continue to be innovative and creative in technology and business synergies and will bring Leapmotor EV cars to the global market.”

Source: Reuters, Photo: CNEV

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