Leapmotor International, a 51/49 joint venture led by Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles, including the C10 SUVs and T03 cars, from Shanghai, China, to European ports this month. This milestone highlights the partnership’s commitment to quickly providing sustainable mobility and innovation to the European EV market. Equipped with cutting-edge EV technology, Leapmotor’s C10 and T03 vehicles offer exceptional performance, efficiency, and range. In June 2024, Leapmotor ranked as the fourth largest Chinese new energy vehicle (NEV) startup by sales.
“The shipment of Leapmotor C10 and T03 vehicles to Europe this month is a landmark moment in the partnership between Stellantis and Leapmotor,” said Stellantis CEO Carlos Tavares. “This demonstrates our commitment to providing innovative, affordable, and sustainable mobility solutions to our customers. With Stellantis’ strong business assets in Europe and the hard work of our teams in ensuring product innovation and quality, I strongly believe that Leapmotor’s electric vehicles will be widely accepted by European customers. We are excited about the opportunities this partnership brings and look forward to a successful journey together.”
“As of the first half of July, Leapmotor has sold over 400,000 EVs in China since the company’s first sale,” said Leapmotor Founder, Chairman, and CEO Zhu Jiangming. “China is the biggest and most competitive EV market in the world, and our products have proved their value by being acclaimed by local customers. From the very beginning, the C10 and T03 models were designed to meet the high standards of global customers. We are confident that the collaboration between Stellantis and Leapmotor will drive significant growth for both companies.”
Leveraging Stellantis’ distribution channels, the Leapmotor International JV plans to increase sales points for Leapmotor vehicles in Europe from 200 at the end of 2024 to 500 by 2026, ensuring a high level of service for customers. As the C10 and T03 vehicles embark on their journey to Europe, Stellantis and Leapmotor remain dedicated to pushing the boundaries of innovation and sustainability in the automotive industry. This shipment marks the beginning of a long-term collaboration aimed at transforming the landscape of electric mobility in Europe and beyond, with at least one new model planned for release every year over the next three years.
