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Stellantis gears up to bring Chinese EV startup to India

Financial Express Kochi

|

May 08, 2025

STELLANTIS, THE WORLD'S fourth-biggest automaker headquartered in the Netherlands, is preparing to bring Chinese electric vehicle (EV) startup Leapmotor to the Indian market.

- SWARAJ BAGGONKAR

Founded in 2015, Leapmotor makes electric cars and currently has four models in its portfolio with prices starting at around $17,800. With a market share of 2.5% in China, Leapmotor delivered 294,000 units in 2024, marking a growth of 104% against 2023.

"We are excited to announce the entry of the Leapmotor brand in India. We already have a presence in India with our Jeep and Citroën brands, and we understand the strategic importance and immense potential that the Indian market holds," Shailesh Hazela, CEO and managing director, Stellantis India, said.

Financial Express Kochi से और कहानियाँ

Financial Express Kochi

PE, VC investment value up 9% in Oct, volume down

PRIVATE EQUITY AND venture capital investments in India rose 9% year-on-year to $5.3 billion across 102 deals in October 2025, according to an EY-IVCA report.

time to read

1 min

November 29, 2025

Financial Express Kochi

Funding squeeze takes a toll on microfinance

5 million pushed out of formal finance: MFIN

time to read

1 mins

November 29, 2025

Financial Express Kochi

Market-making in the works for sub-AAA bonds

RATING AGENCY CRISIL and the Association of Mutual Funds in India (Amfi) are working on a detailed proposal to establish a market-making framework for corporate bonds rated in the AA to BBB categories.

time to read

1 mins

November 29, 2025

Financial Express Kochi

Economic growth surges to 8.2%

IN THE FIRST half of the current fiscal, private final consumption expenditure (PFCF) marginally improved its share in nominal GDP to 61.4% over the year-ago period, and largely stuck to the average of the three years to FY25.

time to read

2 mins

November 29, 2025

Financial Express Kochi

Hong Kong blaze toll rises to 128

HONG KONG'S DEADLIEST fire in nearly eight decades has killed at least 128, officials announced shortly after making fresh arrests in connection with the blaze.

time to read

1 mins

November 29, 2025

Financial Express Kochi

Amazon, Flipkart set sights on small loans space

E-commerce giants working on BNPL, other credit products

time to read

1 mins

November 29, 2025

Financial Express Kochi

All eyes on RBI policy given record low inflation: Goyal

THE SUBDUED NOMINAL GDP growth of 8.7% in the September quarter has raised expecta- tions of a rate cut by the Reserve Bank of India in the December policy review.

time to read

1 min

November 29, 2025

Financial Express Kochi

Trump vows to freeze migration

A‘PERMANENT PAUSE’ ON MIGRATION FROM ALL ‘THIRD WORLD COUNTRIES’: US PRESIDENT

time to read

1 mins

November 29, 2025

Financial Express Kochi

Extra US tariff may go by year-end: Commerce secy

INDIA AND THE US are negotiating on two tracks to resolve their trade standoff, and the first one will likely address the 50% additional tariff on Indian exports by Decemberend, Commerce Secretary Rajesh Agrawal said on Friday.

time to read

1 mins

November 29, 2025

Financial Express Kochi

Airtel user addition in Oct jumps nearly 3x over Sept

BHARTI AIRTEL'S NET subscriber additions gathered momentum in October, with the telco adding 1.25 million new users during the month, up sharply from 437,717 in September, according to the latest subscriber data released by the Telecom Regulatory Authority of India (Trai).

time to read

1 mins

November 29, 2025

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