{"id":1281546,"date":"2024-05-12T10:37:18","date_gmt":"2024-05-12T05:07:18","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1281546"},"modified":"2024-05-12T10:37:49","modified_gmt":"2024-05-12T05:07:49","slug":"this-chinese-company-will-launch-electric-cars-in-india-cements-partnership","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/this-chinese-company-will-launch-electric-cars-in-india-cements-partnership\/","title":{"rendered":"This Chinese Company Will Launch Electric Cars In India: Cements Partnership"},"content":{"rendered":"\n

There is going to be another new entrant in the Indian automobile space in the form of Leapmotor<\/a>, which is a Chinese electric vehicle manufacturer. The company is tying up with Stellantis to make the Indian entry.<\/p>\n\n\n\n

\"This<\/figure>\n\n\n\n

Notably, Stellantis also recently acquired a stake in global operations of Leapmotor, and now the latter is set to unveil its investment and entry plans for India imminently.<\/p>\n\n\n\n

Strategic Partnership with Stellantis:<\/strong><\/p>\n\n\n\n

Stellantis, with its for brands like Citroen and Jeep, has already carved a name of its own and is a prominent player in the global automotive industry. Tying up with the same would mean substantial gain for Leapmotor.<\/p>\n\n\n\n

Not just globally, but the brands like Jeep and Citroen have already penetrated the market and further strengthens Leapmotor\u2019s confidence in its foray into the Indian market.<\/p>\n\n\n\n

While the picture is not always rosy since there are always challenges in navigating regulatory hurdles especially those which concern cross border investments especially when there is a certain geopolitical background. Hence, in this scenario, Leapmotor\u2019s partnership with Stellantis provides a strategic advantage in overcoming such regulatory barriers.<\/p>\n\n\n\n

Securing 20% stake in the company, Stellantis invested of $1.6 billion in Leapmotor last year and the same has paved the way for a robust partnership. This collab has led to the formation of Leapmotor International, a joint venture focused on exporting and selling Leapmotor products globally.<\/p>\n\n\n\n

Anticipated Impact on the Indian EV Market:<\/strong><\/p>\n\n\n\n

Though there are no official comments by Stellantis on Leapmotor\u2019s India plans but as per the industry sources the anticipation is around the introduction of budget-friendly electric cars which would further raise the bar of competition in the burgeoning green car segment. <\/p>\n\n\n\n

The India entry strategy of Leapmotor in the Indian EV market is a great development for both, Stellantis and Leapmotor.<\/p>\n\n\n\n

With the forces combined, a new verve and interesting products are expected by the electric cars and all we can do is wait how this announcement shapes up and where it leads to.<\/p>\n","protected":false},"excerpt":{"rendered":"

There is going to be another new entrant in the Indian automobile space in the form of Leapmotor, which is a Chinese electric vehicle manufacturer. The company is tying up with Stellantis to make the Indian entry. Notably, Stellantis also recently acquired a stake in global operations of Leapmotor, and now the latter is set […]<\/p>\n","protected":false},"author":26,"featured_media":1281567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[124],"tags":[5283,5285,45,5284],"class_list":["post-1281546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-chinese-ev","tag-electric-vehicle","tag-ev","tag-leapmotor"],"acf":[],"yoast_head":"\nThis Chinese Company Will Launch Electric Cars In India: Cements Partnership - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/this-chinese-company-will-launch-electric-cars-in-india-cements-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Chinese Company Will Launch Electric Cars In India: Cements Partnership - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"There is going to be another new entrant in the Indian automobile space in the form of Leapmotor, which is a Chinese electric vehicle manufacturer. 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