Stellantis NV-backed (NYSE:STLA) Chinese automaker Zhejiang Leapmotor Technology Co. Ltd. marked its official entry into the North American market following its debut in Mexico on Monday.
Leapmotor Makes Mexico Debut
The Chinese automaker’s sole offering in Mexico, the B10 crossover SUV, is available across dealerships in the country after it conducted local adaptation tests at Stellantis’ center in Mexico, according to a statement by the company cited by CnEVPost in a report.
The SUV would be available in a single trim in an extended-range electric vehicle (EREV) guise retailing at 575,000 Pesos (approximately $33,000), according to Leapmotor’s official Mexico website.
An EREV adopts a hybrid setup where all the propulsion is carried out by the electric motor while the gasoline engine functions as a generator for the motor. Notably, the internal combustion engine (ICE) has no connection with the drivetrain in an EREV.
