China’s Leapmotor eyes SA with African market expansion

  • 📰 BoksburgNews
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Leapmotor International has confirmed its plans to expand its global footprint to the African continent.

Leapmotor International — a joint venture established between Chinese company Leapmotor and Stellantis, who owns a 51% stake in the electric-vehicle start-up — has confirmed its plans on introducing its EV offerings to the African market from the fourth quarter of 2024. The announcement was made at the 2024 Paris Motor Show.

Emphasising the firm’s 'ambitious' global strategy, Leapmotor International CEO Tianshu Xin said: “Leapmotor International may be a start-up, but it’s a start-up with two incredibly strong parents. One brings innovation and competitive pricing to the table, while the other — through our partnership with Stellantis — offers powerful global resources and an unmatched service infrastructure.

“The B10 embodies our vision for an electric future — offering not only superior performance and smart connectivity, but also making that future accessible to consumers worldwide,” said Zhu Jiangming, the founder of Leapmotor.Like the C10 SUV, the brand’s first product created for global consumption, Leapmotor International says the B10, the initial derivative in its B-series line-up, was 'specifically' designed for the global market.

The brand’s EV product range further includes the T03, a compact, five-seater city car with a claimed range of 265km, and the six-seater C16 SUV, which made its European debut alongside the B10.The post China’s Leapmotor Eyes SA With African Market Expansion Confirmation appeared first on CAR Magazine.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 40. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How British International Investment is supporting African businessesSMEs are the life source of employment in Africa, and BII is helping to finance them
Source: mailandguardian - 🏆 2. / 92 Read more »