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Leapmotor unveils new smart EV under $20,535, challenging BYD’s pricing

Published 11/02/2025, 10:00
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Investing.com -- Chinese automaker Leapmotor (HK:9863), a partner of Stellantis (NYSE:STLA), launched a new electric vehicle (EV) equipped with smart driving technology.

The vehicle is priced under 150,000 yuan ($20,535), and its launch comes a day after BYD (SZ:002594), another Chinese automaker, reduced the entry price for its smart EVs.

Leapmotor announced on Tuesday that it would begin pre-sale of its B10 model on March 10. This vehicle is the company’s first EV model that will be furnished with lidar and urban traffic smart driving capability.

This development follows BYD’s move on Monday to offer advanced autonomous driving features on most of its models, including ones priced as low as $9,555.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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