Leapmotor launches the T03 electric vehicle without Bonuses and Social Leasing

This page is translated from the original post "Leapmotor brade la T03 électrique privée de Bonus et Leasing Social" in French.

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Leapmotor T03

Leapmotor offers the T03 for 139 euros per month, without down payment, without conditions, and above all… without state aid.

Leapmotor has decided to make a bold move to boost sales of its electric city car. While most manufacturers are patiently waiting for the official launch of social leasing this fall, the Chinese brand is ahead of the game and is offering the T03 from August 1 for 139 euros per month, over 36 months and 30,000 km, with no down payment and no conditions.

No need to qualify for social bonuses, no need to prove low income, nor to tick any bureaucratic boxes. Leapmotor is taking a volume strategy by bypassing public schemes entirely. This shift is not just commercial, but also openly political.

Leapmotor and the Big Bluff on the Bonus

Because if the T03 is currently excluded from any subsidy, it is not an oversight. At its launch, Stellantis, which distributes the brand in Europe, had presented the T03 as a model “made in Europe.” To reinforce this illusion, Leapmotor even advertised the price with the ecological bonus already deducted, convinced that the car would be eligible. This claim was quickly debunked because the vehicle was only assembled in Poland using parts imported from China, like a flat-pack furniture assembled on-site. Such a claim bordered on the absurd, as this bonus is reserved for vehicles genuinely produced in Europe or meeting strict origin criteria.

The ax soon fell. Not only does the T03 not receive any bonus, but assembly in Poland has been abandoned. In a tense geopolitical context, Poland, a fervent supporter of European tariffs on Chinese cars, has become a minefield. Beijing has even discreetly advised its manufacturers to suspend any investment in countries favoring these measures, forcing Stellantis to also bury its plans to produce the future B10 model in Europe. Under these conditions, it goes without saying that no application has been submitted by the manufacturer to join the Social Leasing scheme.

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No more smoke and mirrors, the T03 is now imported directly from China, stripped of any aid but offered at a bargain price. 139 euros per month with no down payment, for a well-equipped, modern, and already popular electric city car. It’s a way for Leapmotor to regain control over a shaky project and turn an industrial failure into a marketing success.

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