KUALA LUMPUR – Chinese electric vehicle (EV) manufacturer Leapmotor, in partnership with European automotive giant Stellantis, has officially launched its operations in Malaysia, signalling a strategic move to establish the country as a key regional production hub for EVs. The joint venture kicks off with an initial investment of €5 million (approximately RM24 million).
The collaboration marks Leapmotor’s entry into the Malaysian market, with plans to begin local assembly using semi-knocked down (SKD) kits later this year. Malaysia will play a critical role in supporting the group’s wider production and export objectives across Southeast Asia.
“By combining Leapmotor’s EV innovation and success with Stellantis’ regional expertise and global scale, we are laying the foundation for an accessible, sustainable future of mobility right here in Malaysia and across Southeast Asia,” said Ashwani Muppasani, Chief Operating Officer of Stellantis India & Asia Pacific, during the launch event.
Isaac Yeo, Managing Director of Stellantis ASEAN, confirmed that production will begin with the Leapmotor C10, a D-segment SUV that launched in October 2024. Production is scheduled to commence by the end of 2025, with export activities anticipated between 2026 and 2027.
“Operations will gradually scale up through 2030 to meet growing demand. We’ll also introduce new models such as the B10 and C10 RS over the next few years,” said Yeo. He added that the plant currently has an annual capacity of 60,000 units, with room for future expansion.
The Leapmotor C10, measuring 4,739 mm in length and 1,900 mm in width with a 2,825 mm wheelbase, is positioned to compete strongly within its price segment, offering size and features that outpace several rivals.
The local assembly initiative aligns with Malaysia’s National Automotive Policy and supports the government’s goals to strengthen EV manufacturing capabilities ahead of the nation’s ASEAN chairmanship in 2025.
Leapmotor founder, chairman and CEO Zhu Jiang Ming, along with Leapmotor International CEO Tian Shu Xin, were also present at the launch, underscoring the significance of the partnership in accelerating EV adoption in the region.
The companies plan to leverage Stellantis’ existing distribution network for further regional expansion, with Thailand already identified as the next target market.–BUSINESS TIMES
