Stellantis’ Cheapest New EV Is Chinese, Made In Europe, And $15K Under Its Own Peugeot

- Leapmotor’s new B05 starts at €26,900 in Italy before any local incentives apply.
- The Chinese-designed hatchback is built at a Stellantis plant in Zaragoza, Spain.
- Local assembly lets the B05 sidestep the EU tariffs aimed at Chinese-made EVs.
As European EV buyers grow more price-sensitive, new entrants are finding sharper ways to undercut established players without giving up headline specs. Stellantis is putting its strategic partnership with Leapmotor to work, launching the new B05 across Europe as a fully electric hatch aimed squarely at the freshly updated VW ID.3 Neo. A hotter Ultra variant will follow, with the next GTI in its sights.
Aggressive Pricing
The Leapmotor B05, known as the Lafa 5 in China, first appeared in Europe last September at the Munich Auto Show, then a static prototype. It is now on sale in European markets, priced in Italy from €26,900 ($31,500) to €30,900 ($36,200) before local incentives.
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This places the entry-level version €9,600 ($11,200) below the pre-facelifted VW ID.3 in Italy. The Leapmotor B05 also comes in €11,450 ($13,400) under the Renault Megane E-Tech and €13,080 ($15,400) less than Stellantis’ own Peugeot E-308 in the same market.
The EU-spec Leapmotor B05 is currently being assembled at Stellantis’ Figueruelas plant in Zaragoza, Spain. Producing the car locally allows the company to avoid steep EU tariffs on Chinese-built EVs, helping it land at a price point that undercuts even the now-discontinued MG4.
Competitive Specs
Measuring 4,430 mm (174.4-inch) long, the EV rides on Leapmotor’s “LEAP 3.0” architecture and uses Cell-to-Chassis (CTC) technology. This setup integrates the battery into the structure, improving rigidity. The company also claims a 50:50 weight distribution and notes that the suspension was co-tuned with Stellantis’ global engineering teams.
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European buyers can choose between two LFP battery packs: a 56.2 kWh Pro unit with a WLTP range of 401 km (249 miles), or a 67.1 kWh Pro Max pack offering up to 482 km (300 miles). DC fast charging peaks at 174 kW, allowing a 30-80% charge in as little as 17 minutes.
The Leapmotor B05 is fitted with a rear-mounted electric motor offering 215 hp (160 kW / 218 PS) and 240 Nm (177 lb-ft) of torque. For those seeking better performance, the upcoming B05 Ultra bumps the output figures to 241 hp (180 kW / 245 PS) and 255 Nm (188 lb-ft), combined with a lowered suspension, fatter anti-roll bars, beefier brakes, a more aggressive bodykit, and performance tires.
Generous Equipment
Despite its budget pricing, the Leapmotor B05 is packed with tech. The entry-level Life trim has a comprehensive list of standard equipment, including a 14.6-inch touchscreen, an 8.8-inch digital instrument cluster, an AI-powered voice assistant with facial recognition, dual-zone climate control, a 360-degree camera, a panoramic glass roof, and a full ADAS suite.
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The flagship Design trim adds 19-inch alloy wheels instead of 18-inch units, along with a heated steering wheel and heated, ventilated seats trimmed in eco-leather. It also brings 256-color ambient lighting that reacts to music, plus a more advanced ADAS package.
The B06 Ultra has not yet been detailed for Europe, though the Chinese version includes a front splitter, side skirts, a rear spoiler, and a rear diffuser, along with unique 19-inch wheels. Inside, it adds sport seats with a massaging function, suede-style upholstery, and LiDAR-based driver assistance systems.
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In China, the Leapmotor Lafa 5 is even cheaper compared to its EU-spec B05 twin, currently priced between ¥90,800-114,800 ($13,300-16,800). The Lafa 5 Ultra sits at the top of the lineup, priced between 118,800-124,800 ($17,400-18,300). However, it is worth noting that the entry-level variants of the Chinese-spec model have lower output and a smaller battery pack.

















