Leapmotor's Move to Europe Stellantis' Announcement and Future Plans

TapTechNews July 31, European automotive giant Stellantis announced on the 30th local time that the first batch of Leapmotor C10 and T03 models have set sail from Shanghai, China to Europe, and more electric vehicles will march to Europe in the following months.

It is reported that the joint venture Leapmotor International established by Stellantis and Leapmotor will start selling the above two models in 9 European countries from September of this year, and plans to establish 200 sales outlets in Europe by the end of 2024.

Also at the end of this year, Leapmotor International will launch new products in the Middle East, Africa, Asia-Pacific region and South America. With the help of Stellantis' distribution channels, the Leapmotor International joint venture plans to increase the sales outlets of Leapmotor brand vehicles in Europe from 200 at the end of 2024 to 500 by 2026.

Based on TapTechNews' previous reports, in the middle of this month, Leapmotor announced that the cumulative delivery of new cars has exceeded 400,000. With the start of delivery of the C16, the overall delivery volume in the second half of this year is expected to maintain an innovative high momentum. And last month, the delivery of Leapmotor reached 20,116 vehicles, entering the 20,000 club for the first time, setting a new historical high, with a year-on-year increase of 52.3% and a month-on-month increase of 10.7%. The cumulative delivery volume of Leapmotor in the first half of this year reached 86,696 vehicles.