As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis.
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Leapmotor co-founder and president Wu Baojun has left the company, which will no longer have a president position, according to local media.
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This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today.
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The C10 is available in BEV and EREV versions, and Leapmotor said 40 percent of customers chose the highest configuration.
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The Leapmotor C10 is available in BEV and EREV variants with a price range of 21,170 – 25,910 USD. To be sold globally by Stellantis JV.
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The Leapmotor C10 is available in both EREV and BEV versions, with pre-sale prices roughly half that of Li Auto's Li L7 EREV.
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Leapmotor will showcase its in-house developed technologies at an event on January 10, when pre-sales of its first global model, the C10, will begin.
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As Leapmotor's first global SUV, the C10 is expected to launch in the overseas market in the future.
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Earlier today, Leapmotor announced promotions available for December, including up to RMB 17,000 in cash discounts, RMB 5,000 in option funds.
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The Leapmotor C10 will feature RWD and an LFP battery for 530 km of range. It will hit the overseas market in July-August 2024.
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