Leapmotor and Stellantis will reportedly sell electric vehicles (EVs) in India.
Stellantis and Leapmotor revealed details for its eSUV, the C16. The companies filed for a sales license with China’s Ministry of Industry and Information Technology (MIIT). Leapmotor and Stellantis have plans to sell EVs globally as well.
India has become a prime EV market since introducing a new electric vehicle policy. This policy makes it friendlier to companies that want to import EVs into the country.
Since India’s new EV policy was passed, Tesla, Hyundai, and other automakers have initiated plans to invest in the country. Tesla Giga Berlin has reportedly started producing right-hand-drive vehicles for the Indian market. In April, Hyundai and Kia announced plans to produce batteries in India.
DigitTimes Asia predicts that Leapmotor and Stellantis might face some challenges while trying to enter the Indian market because the country is cautious about investments from China. India isn’t the only country to be cautious about investments from China, either. For instance, the European Commission has an ongoing anti-subsidy probe into electric vehicle imports from China.
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