Leapmotor Entry into the Indian Electric Market

Leapmotors

In a move to strengthen its market presence and diversify its offerings, Stellantis India has revealed plans to launch Leapmotor in India. Stellantis is also Leapmotor’s parent company. India’s electric vehicle market is growing rapidly, driven by supportive government policies, though infrastructure hurdles persist.

Stellantis, through its 51:49 joint venture Leapmotor International, will lead Leapmotor’s entry into the Indian market. This venture holds exclusive rights to manufacture, sell, and export Leapmotor vehicles outside China.

Stellantis, created through the 2021 merger of PSA Group and Fiat Chrysler Automobiles. Further, it has been steadily growing its presence in the global electric vehicle market. The group manages a diverse lineup of automotive brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

Leapmotor in India

“The introduction of the Leapmotor brand marks a significant step for Stellantis India,” said Shailesh Hazela, CEO and Managing Director of Stellantis India. “Our aim is to offer premium electric vehicles that combine advanced technology, comfort, and sustainable mobility. Especially, catering to the evolving needs of India’s growing consumer base.”

In India, the Stellantis group offers limited EV options under Citroën and does not offer a mainstream EV under Jeep. Stellantis India has stated that it will introduce Leapmotor in the Indian market. Especially, as part of its efforts to broaden its product portfolio and enhance its presence in the country.

As of now, speculations can be made about two models: the T03 hatchback and the C10 SUV. The T03 hatchback resembles its sibling, the Citroën eC3, but will feature a longer range and better features. Stellantis will most likely bring in the C10 SUV as a CKD unit and assemble it at its Ranjangaon factory.

Although the company has made the announcement, it hasn’t revealed exact launch details yet. The announcement comes amid the entry of VinFast, its potential rival in the Indian market.

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