Stellantis JV Leapmotor International Launches in Europe With 2 EVs

Leapmotor International, the joint venture (JV) between Stellantis and Leapmotor, has launched in Europe with two electric vehicles (EVs) - the high-tech T03 City Car and the C10 SUV. The JV is focused on growing global sales of high-tech, Chinese new energy vehicles (NEVs) outside of Greater China.

The T03 is a 5-door A-segment compact car that offers 265 km of range (WLTP) and the interior space of a B-segment. 

The C10 is a D-segment SUV that offers 420 km of range (WLTP).

It uses Leapmotor’s LEAP 3.0 architecture with a centrally integrated electronic configuration, the Cell-to-Chassis system, and a smart cockpit. 

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.

It plans to expand distribution to Middle East & Africa.

The JV aims to launch a new vehicle each year for the next three years.

Leapmotor Internationa was formed in 2023, with Stellantis investing €1.5 billion to acquire approximately 21% of Leapmotor.

Stellantis CEO Carlos Tavares. “This unique partnership in the automotive industry offers European buyers access to advanced, high-value BEV technology, bolstered by the organizational and retail support of Stellantis for a customer-focused ownership experience that sets Leapmotor International apart from other Chinese competitors. Thanks to the powerful Stellantis parts distribution system, Leapmotor’s customers will benefit from an unrivaled level of service, which is an important differentiator. We have created a very efficient partnership with Leapmotor that is designed to bring value to our European customers first and to our long-term sustainability.”

Leapmotor Founder, Chairman and CEO Zhu Jiangming., adds: “Leapmotor is a technology-focused company dedicated to R&D and vertical integration. We aim to utilize our technological and scalability advantages to collaborate with Stellantis, offering consumers worldwide accessible, high quality electric mobility solutions.” 

Stellantis remains committed to an 'asset-light' business model for its brands in China.