By Nqobile Dludla
Stellantis (STLAM.MI), opens new tab plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor (9863.HK), opens new tab in South Africa starting with the C10 from September, the company said on Tuesday.
The C10 is an electric SUV with a petrol engine used purely to charge the battery.
More Leapmotor models are expected to be launched next year, including fully electric models, Mike Whitfield, managing director of Stellantis South Africa and Sub-Saharan Africa, said in a statement.
Leapmotor created waves with its recent rollout of the all-electric B10 SUV equipped with smart-driving features and lidar sensing technology for less than $18,000.
In 2023, Stellantis bought a 21% stake in Leapmotor for $1.6 billion. The two automakers also formed the joint venture Leapmotor International, in which Stellantis holds a 51% stake.
Leapmotor will help the world’s fourth-largest automaker widen its range of affordable EVs, as it presses ahead with electrification at
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