Leapmotor to Launch Electric Car Production in Spain with Stellantis Partnership Boosting Growth
The Chinese company Leapmotor plans to start electric vehicle production in Spain, continuing its expansion in the European market. The new site will become part of the brand's global growth strategy, especially after the Stellantis group acquired a stake in the company.
What is known
According to industry sources Autonews and Bloomberg, electric vehicle production may be established at the Stellantis plant in Zaragoza. The first model will be the B10 electric crossover, the assembly of which may start as early as October. Currently, this car is sold in Europe but is supplied from China. In the future, starting around 2027, the Spanish facility may also see the arrival of the compact hatchback B05.
Previously, Leapmotor tried to organize the production of the T03 model in Poland, but the project was unsuccessful. The new stage of European localization is considered key to strengthening the brand's position in Western markets.
Last year, Leapmotor's global deliveries grew by nearly 400% to 67,052 vehicles, compared to 13,726 a year earlier. Revenue in Europe increased by 479% in 2025, amounting to 5.6 billion yuan (about 810 million dollars). Leapmotor also recorded a net profit of 538 million yuan (approximately 78 million dollars), becoming one of the few Chinese startup companies in the electric vehicle sector to finish the year with a profit.
The company is already in talks with Stellantis to expand cooperation in automotive and component development. Leapmotor's Chief Financial Officer, Li Tengfei, noted that closer partnership will help more effectively meet European requirements and take advantage of possible incentives for localized products. Additionally, the cooperation will allow Leapmotor to accelerate its entry into overseas markets, while Stellantis can reduce costs on the development of new electric vehicles thanks to the use of partner technologies.
This strategy is already being applied by other automakers. For example, Volkswagen uses the Xpeng platform for developing electric vehicles, and Audi collaborates with the Chinese company SAIC.