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Stellantis and Leapmotor announce joint venture
Auto Today
|May 2024
Entry into India is set for Q4 of 2024 and Leapmotor International also announced that it will begin operations in nine European countries from September 2024. Abhinav Jakhar has all the details
Leapmotor International, a Stellantisled company with a 51:49 split between Stellantis and Leapmotor, has announced that it will commence operations in Europe by September 2024 through 200 points of sales by the end of the year with plans to expand to India & Asia Pacific, Middle East & Africa and South America starting in the fourth quarter of 2024.
The freshly formed company hasn't laid out a concrete plan for India yet. It remains unclear if Leapmotor International will make use of Jeep and Citroën dealerships in India, or whether it will establish a completely new identity. Either way, it remains clear that the Indian electric vehicle sector will continue to receive attention from international automakers, looking to capitalise the growing market at home.
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