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Founded in 2015 in Hangzhou, China, Leapmotor emerged as a significant player in China’s electric vehicle (EV) landscape. The company quickly distinguished itself by developing proprietary technologies, including its own electric motors and the “Lingxin 01” vehicle controller, which integrates artificial intelligence for smart driving functions.

Recognizing the potential of Leapmotor’s innovative approach, Stellantis acquired a 20% stake in Leapmotor in 2023. This partnership led to the formation of Leapmotor International, a joint venture where Stellantis holds a 51% majority stake, granting it exclusive rights to export, manufacture, and sell Leapmotor vehicles outside Greater China.

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Leapmotor's European Strategy

Leapmotor’s entry into the European market is a strategic move to tap into the region’s growing demand for affordable and technologically advanced EVs. The company plans to expand its presence across 30 countries, with a particular focus on markets such as Germany, France, Italy, and the Netherlands. Its European lineup is designed to offer a range of options catering to diverse consumer needs, emphasizing affordability, long-range capabilities, and smart connectivity.

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