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The leapmotor has launched the new electric midsize sedan B01, which costs Rs 10 lakh in China. This Tesla model is cheaper than Y and gives a range of up to 650 km. Delivery will begin this month in China.
Highlights
- The leapmotor has launched the new electric sedan B01.
- The price of Lipmotor B01 starts from Rs 10 lakh in China.
- The top model of B01 offers a range of 650 km.
The price is only 10 lakhs
Leapmotor B01 is a feature loaded sedan, which starts with 89,800 yuan (US $ 12,542) in China, this price is only 10,86,007 in rupees. Which is much less than the price of Tesla model Y in India. More than half. The price of Tesla Model Y in the Indian market starts at 61 lakhs. That is, 6 leapmotor B01 can be purchased in the price of a Tesla.
Challenge for Tesla
Lipmoter is going to launch a car in many markets of the world. This can create a challenge for Tesla. There is already a lot of struggle in the markets of China and Europe. Byd, it is getting a tough competition in all these markets. “We are giving an excellent, affordable mass market car to demand customers,” Lipmoter's senior vice president Cao Lee said at a press conference in Hangzo on Thursday. “We are confident that the new car has overcome the market expectations to a great extent.”
When will delivery start?
The company will start delivery to its domestic market Chinese customers from this month, but the company did not say when the new car will be sold abroad. The leapmotor has prepared a new model based on its advanced architecture, known as Leap 3.5, which supports smart driving and fast charging.
Range up to 650 km
The driving range of five variants of B01 ranges from 430 km to 650 km, with the top-end model price 119,800 yuan. Batteries can offer a mileage of about 300 km in 18 minutes of charging.