Leapmotor
Trending

Stellantis Eyes Leapmotor To Bring Affordable EVs To India

Chinese Electric Cars May Hit Indian Roads By Year’s End

Stellantis is partnering with Leapmotor, its Chinese joint venture, to target India’s fast-growing electric vehicle (EV) market.

Tianshu Xin, the Stellantis China Regional COO and CEO of the Leapmotor International joint venture, confirmed during the Shanghai Auto Show that the two companies are accelerating plans to sell Leapmotor-branded EVs in India, potentially beginning by the end of 2025.

Leapmotor B10 EV. (Leapmotor).

“With the size of the automotive market, India certainly has a lot of potential as well,” said Xin, adding that Stellantis is looking to capitalize on that opportunity as soon as possible.

While Xin didn’t reveal exactly which Leapmotor models would be offered in India, the plan reflects Stellantis’ broader push to grow its EV presence outside of China. In 2023, Stellantis acquired a 21% stake in Leapmotor for $1.6 billion, forming Leapmotor International — a 51/49 joint venture controlled by Stellantis to sell and build Leapmotor EVs outside China.

Leapmotor B10 EV. (Leapmotor).

Leapmotor has been making headlines with the introduction of its B10 eSUV, which includes high-end tech like lidar sensors and an Advanced Driver-Assist System (ADAS) — all for under $18,000. That price point could make it highly competitive in India, where affordability drives most car-buying decisions.

However, Leapmotor founder and CEO Zhu Jiangming offered a realistic take on India’s profitability. “No matter smartphones or tablets, it is very difficult to profit from India, and it is expected that it would be the same for the auto market,” Zhu told Reuters.

Leapmotor B10 EV. (Leapmotor).

Stellantis already has a head start in India with its Citroën brand. It operates several plants there, including one in Tamil Nadu that’s already producing Citroën EVs. This could be a major advantage if Stellantis decides to assemble Leapmotor models locally rather than ship them from China.

Xin acknowledged that relying on exports from China could be risky, especially with shifting tariffs and global trade tensions. Using Stellantis plants in India would help reduce those risks and possibly qualify the EVs for government incentives aimed at local manufacturing.

Leapmotor B10 EV. (Leapmotor).

India, now the third-largest car market in the world, is becoming a hotbed for EV competition. Tesla, which has been eyeing India for years, continues to hold back due to the country’s steep 100% import duties. Meanwhile, Chinese giant BYD has already made inroads and continues to lead global EV sales.

Source: Reuters

 

Robert S. Miller

Robert S. Miller is a diehard Mopar enthusiast who lives and breathes all that is Mopar. The Michigander is not only the Editor for MoparInsiders.com, 5thGenRams.com, and HDRams.com but an automotive photographer. He is an avid fan of offshore powerboat racing, which he travels the country to take part in.

Related Articles

Loading new replies...

Your seeing what SLATE motors is doing, this is the Chinese approach to EV adoption, not high end but low end of the market.

Reply 1 Like

Perhaps this will work for India, but I no longer see imported Chinese EVs as viable in our market. Between the the tariff situation and the belligerence of the CCP regime, things are no longer rosy. The current joke is that BYD stands for "borrows your data", in that personal data such as the vehicles location, the owner's own personal data, the driver's linked cell phone data, and images from the vehicle's cameras have evidenced being sent back to China.

I believe there is a solid business case for small battery electric vehicles, especially for an urban setting. That is where many charging locations are. Despite its brief production run I see a lot of Chevy Bolts within a 5 mile radius of the CBD where I live. Even in the first ring suburbs one can see a number of Nissan Leafs and other such EVs. Increasingly in our market the only sedans that continue to sell decently are either battery electric or hybrid. The styling and interior controls must be familiar to American drivers, something like the Chrysler Halcyon which looks like a 1950's Sci-Fi prop will probably flop here. Most of the Leap products controls and interiors would flop here as well. Early adapters buy into the weirdness, but they already own an EV, the broader market wants something familiar.

If Stellantis wants to use Leap's technology to build battery electrics in and / for our market that's fine with me. I just don't want my cell phone data being sent to China.

Reply 1 Like

click to expand...

Your seeing what SLATE motors is doing, this is the Chinese approach to EV adoption, not high end but low end of the market.

See my comments here, Tribute To The Compact Pickup: Jeep® Comanche Concept

and Post#7 here, Large Electric Pickup Trucks Are a Scam

The Slate project has gone viral, but the other EV story which remains relatively quiet is Walmart is getting involved with the the EV charging business. Which means all those Slate and other low-end EV owners will have a network for their needs.

Reply 1 Like

click to expand...

Perhaps this will work for India, but I no longer see imported Chinese EVs as viable in our market. Between the the tariff situation and the belligerence of the CCP regime, things are no longer rosy. The current joke is that BYD stands for "borrows your data", in that personal data such as the vehicles location, the owner's own personal data, the driver's linked cell phone data, and images from the vehicle's cameras have evidenced being sent back to China.

I believe there is a solid business case for small battery electric vehicles, especially for an urban setting. That is where many charging locations are. Despite its brief production run I see a lot of Chevy Bolts within a 5 mile radius of the CBD where I live. Even in the first ring suburbs one can see a number of Nissan Leafs and other such EVs. Increasingly in our market the only sedans that continue to sell decently are either battery electric or hybrid. The styling and interior controls must be familiar to American drivers, something like the Chrysler Halcyon which looks like a 1950's Sci-Fi prop will probably flop here. Most of the Leap products controls and interiors would flop here as well. Early adapters buy into the weirdness, but they already own an EV, the broader market wants something familiar.

If Stellantis wants to use Leap's technology to build battery electrics in and / for our market that's fine with me. I just don't want my cell phone data being sent to China.

Do you honestly think the Indians get along better with the Chinese?

Reply Like

click to expand...

Do you honestly think the Indians get along better with the Chinese?

Stellantis thinks so. It doesn't matter what I think. BTW, I follow the Hindustan Times channel on YouTube because I no longer trust MSM in this country. So I'm somewhat informed about that part of the world.

Reply Like

Back to top button