Leapmotor Opens First Hong Kong Showroom to Boost Global Expansion
Chinese electric vehicle manufacturer Leapmotor, backed by automotive giant Stellantis, officially launched its first retail showroom in Hong Kong on June 11. Located at Cityplaza in Taikoo Shing, the new store marks a significant step in the company's strategy to reach global consumers and enhance investor understanding of its brand. The showroom features right-hand-drive versions of two key models: the C10 sport utility vehicle and the compact, entry-level T03. These vehicles are available to Hong Kong customers at starting prices of HK$199,900 (approximately US$25,467) and HK$99,900 (approximately US$12,727), respectively. CEO Zhu Jiangming emphasized that this expansion is part of a broader international growth plan. Currently operating more than 600 overseas locations, Leapmotor is actively seeking sites for local manufacturing in both Europe and Southeast Asia, with aims to establish these facilities by the end of the year. This move underscores the increasing presence of Chinese EV makers in international markets and their efforts to compete globally through strategic partnerships and localized production capabilities.
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Leapmotor Opens First Hong Kong Showroom to Boost Global Expansion
Chinese electric vehicle manufacturer Leapmotor, backed by automotive giant Stellantis, officially launched its first retail showroom in Hong Kong on June 11. Located at Cityplaza in Taikoo Shing, the new store marks a significant step in the company's strategy to reach global consumers and enhance investor understanding of its brand. The showroom features right-hand-drive versions of two key models: the C10 sport utility vehicle and the compact, entry-level T03. These vehicles are available to Hong Kong customers at starting prices of HK$199,900 (approximately US$25,467) and HK$99,900 (approximately US$12,727), respectively. CEO Zhu Jiangming emphasized that this expansion is part of a broader international growth plan. Currently operating more than 600 overseas locations, Leapmotor is actively seeking sites for local manufacturing in both Europe and Southeast Asia, with aims to establish these facilities by the end of the year. This move underscores the increasing presence of Chinese EV makers in international markets and their efforts to compete globally through strategic partnerships and localized production capabilities.
TechNode