Rumour: Stellantis may launch Leapmotor EVs in India

Leapmotor EVs could compete with models like the Tiago.ev, Nexon.ev and Maruti eVX in the Indian market.

According to a media report, Stellantis is evaluating the possibility of introducing Chinese EV brand Leapmotor in India.

Stellantis, which has a 20% stake in Leapmotor, is leading the brand’s internationalization strategy. As part of this, the company is said to have launched a feasibility study to look into the possibility of CKD assembly.

Leapmotor EVs could be assembled at the Ranjangaon plant near Pune and may be sold via the company’s existing dealer network. Depending on the commercial feasibility of the project, Stellantis may even localize Leapmotor EVs. India might also emerge as a potential manufacturing base in the future.

Reports suggest that Leapmotor could offer a wide range of products, including small electric hatchbacks to SUVs in the sub-Rs 10 lakh to Rs 40 lakh price points. It is said that Leapmotor EVs could compete with models like the Tiago.ev, Nexon.ev and Maruti eVX in the Indian market.

Source: Autocar India