Leapmotor's Move to Reduce C10 SUV Price Reflects Growing Competition in Chinese EV Market

Sunday, 3 March 2024, 07:19
Leapmotor, a Stellantis-backed Chinese electric-vehicle (EV) maker, recently announced a significant price cut of up to 17% for its new SUV model, competing in the rapidly evolving EV landscape in China. This move indicates the intensified competition among EV manufacturers in China and highlights the strategic pricing decisions being made to capture market share.
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Leapmotor's Move to Reduce C10 SUV Price Reflects Growing Competition in Chinese EV Market

Leapmotor Slashes C10 SUV Price by 17%

Chinese electric-vehicle (EV) maker Leapmotor has joined the widening discount war on the mainland, pricing its new SUV as much as 17 per cent lower than originally planned.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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