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LEAPMOTOR to Launch 3 Models in UK This Yr
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LEAPMOTOR (09863.HK) announced that it has started selling two electric vehicles (EVs), including the T03 compact EV and the C10 large electric SUV, at Stellantis dealers in the UK through its joint venture with Stellantis, the world's fourth largest automaker. The mid-size SUV B10 is slated to launch later this year. Damien Dally, Managing Director of Leapmotor UK, stated that the company will by the end of this year have rolled out sales across 80 Stellantis dealerships in the UK, with plans to expand this number further next year. Dally highlighted that the T03 starts at GBP15,995, making it the second-cheapest EV in the UK, while the C10 is priced from GBP36,500. Compared to BYD COMPANY’s (01211.HK) Atto 3, the C10 offers a larger body at roughly GBP1,000 less. He emphasized that the company has no intention of igniting a price war, instead aiming to deliver superior technology and features at competitive prices. AAStocks Financial News |
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