Leapmotor’s production plans in Europe have changed

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Leapmotor's production plans in Europe have changed



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European automotive giant Stellar and its Chinese partner Leap motor, Polandplans to produce a second electric vehicle model at the factory in canceled it. According to two sources close to the matter, behind this cancellation is the Chinese government’s instruction to stop investing in countries that support the European Union’s additional customs duties on Chinese-made electric vehicles. On the other hand, Leapmotor is also increasing its production plans for 2025.

Production plans in Poland canceled

According to reports, Stellantis and Leapmotor are the second model in question. B10 as alternative production facilities for electric SUV Germanywith the city of Eisenach in SlovakiaIt evaluates Trnava factories of . Meanwhile, Leapmotor’s factory in Tychy, Poland, already has T03 The model is being assembled. It is unclear whether the plans will be changed in line with Chinese demand for this vehicle.




Leapmotor's production plans in Europe have changed



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In response to the EU’s decision to impose an additional tax of up to 45 percent on Chinese-made electric vehicles, the Chinese government has recommended that Chinese automakers suspend large-scale investments in countries that support the decision. While Poland was one of the 10 EU countries that supported this decision, countries such as Germany and Slovakia opposed the decision.

Leapmotor and Stellantis introduced the electric B10 SUV model at the Paris Motor Show on October 14. However, it is not yet clear in which facility in Europe this model will be produced, the production location of which remains unknown. Carlos Tavares, CEO of Stellantis, stated that introducing the B10 model to Europe as an affordable and high-tech vehicle was an important step.

The B10 is expected to be available in March 2025, with deliveries to begin in April. Following this model, Leapmotor will also launch the sedan B01 and hatchback B05 next year.

500 thousand target for 2025




Leapmotor's production plans in Europe have changed



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Leap motoron its third-quarter earnings call. 2025 for the year A sales target of 500,000 vehicles He also announced that the average monthly sales are expected to reach 40,000. Leapmotor expects to exceed sales target of 250,000 units this year, says company founder, chairman and CEO Zhu Jiangmingsaid that they increased their production capacity. Zhu stated that the European Union has imposed customs duties on electric vehicles coming from China and that it is not a good time for Chinese automakers to enter overseas markets. The European market contributed more than 6,000 units to Leapmotor’s sales in the third quarter, according to the company.






Source

https://cnevpost.com/2024/11/12/leapmotor-aims-sell-500000-cars-2025/


https://www.reuters.com/business/autos-transportation/stellantis-partner-leapmotor-scrap-plan-make-second-ev-model-poland-sources-say-2024-11-08/






















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