China’s Leapmotor heading upmarket with second brand

AI Summary — NZ Perspective

Chinese EV manufacturer Leapmotor, known for its affordable electric and extended-range vehicles, plans to launch a new, more premium brand in 2027. This move could introduce a wider range of electric vehicle options to the New Zealand market in the coming years.

Original Excerpt

Leapmotor has been establishing a reputation for offering affordable electric and extended-range electric vehicles, but it has its eyes on the more prestigious – and likely more profitable – end of the market. The Chinese startup has confirmed it will launch a new brand in 2027.

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Published by CarExpert

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