Despite Tariffs on Chinese Imports, EV-Maker Leapmotor to Expand Sales Network in Europe

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Leapmotor unveils the first model of its new B series, the B10, on Monday. Photo: Leapmotor

Zhejiang Leapmotor Technology Co. Ltd. is to drive further into global markets, its founder said, including a major expansion of its electric-vehicle (EV) sales network in Europe.

The company aims to set up 500 sales outlets in Europe by the end of 2025, chairman and founder Zhu Jiangming told the Paris Motor Show on Monday. This will be part of a broader push beyond China’s borders that will start in the fourth quarter of this year, which will also include the Asia-Pacific, Middle East, Africa and South America, Zhu said.

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Zhejiang Leapmotor plans a significant global expansion, aiming for 500 European sales outlets by 2025, leveraging a partnership with Stellantis for access to established sales channels.
Stellantis, which holds a 21% stake in Leapmotor, completed trial production of a Leapmotor model in Poland, hinting at potential manufacturing shifts to counter EU tariff increases on Chinese EVs.
Leapmotor reported over 33,000 car deliveries in September, representing a 113.7% increase from the previous year.

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