Leapmotor T03 gets cheaper with LFP battery

Last year I wrote an article praising this small electric car from Leapmotor. It’s small, extremely cheap with decent range and full with safety features that are rare in this segment.
Back then, the 2020 Leapmotor T03 was only available with a NCM 811 battery made by CATL, but now the 2021 Leapmotor T03 has an entry level version with a LFP (LiFePO4) battery from Guoxuan and gets a price cut.
With a NEDC range of 403 km (250 miles) – that translates to a WLTP range around 300 km (186 miles) – this electric car has more range than most others in the A-segment. I would love to see it being sold worldwide, especially in Europe where most of driving is done in overcrowded cities with narrow roads.
Let’s see it in more detail.
Prices after subsidies
- Standard Edition (LFP battery): 59.800 yuan (7.678 euros)
- Comfort Edition (NCM battery): 71.800 yuan (9.219 euros)
- Deluxe Edition (NCM battery): 75.800 yuan (9.732 euros)
Last year the entry level version started at 65.800 yuan (8.448 euros).
Basic specs
- Seats: 4
- Length: 3.620 mm
- Wheelbase: 2.400 mm
- Width: 1.652 mm
- Height: 1.577 mm
- Luggage capacity: 210 L
- Vehicle warranty: 3 years or 120.000 kilometres

Leapmotor T03 powertrain
Powertrain
- Electric motor: 55 kW with a maximum torque of 155 N.m
- Maximum speed: 100 km/h (limited via firmware)
- Range (NEDC): 403 km (250 miles)
- Battery capacity: 41 kWh (LFP) and 38 kWh (NCM)
- Battery energy density: 135,6 Wh/kg (LFP) and 161 Wh/kg (NCM)
- Battery warranty: 8 years or 150.000 kilometres
- TMS: Intelligent liquid heat management system (heating + cooling)
- DC fast charging: 30-80 % in 36 minutes
- On-board charging: 30-80 % in 6 hour
- System efficiency: up to 92,3 %
For the 2021 model year, the entry level version gets a 41 kWh LFP battery from Guoxuan with an energy density of 135,6 Wh/kg, while the two more expensive versions get a 38 kWh NCM battery with an energy density of 161 Wh/kg. Curiously, the 2020 Leapmotor T03 had a NCM 811 battery from CATL with a capacity of 36,5 kWh and an energy density of 171 kWh/kg, for all its three versions.
The drop in energy density makes me think that the NCM battery is no longer NCM 811, but it’s now NCM 523 instead. Many Chinese automakers have been replacing their NCM 811 batteries with the NCM 523 chemistry, since it’s considered a much safer and reliable chemistry.
Anyway, the gravimetric energy density of 135,6 Wh/kg for the cobalt-free battery from Guoxuan is a bit disappointing. It suggests that the old LFP cylindrical battery cells were used to assemble the battery pack, instead of the new much more energy dense pouch cells that Guoxuan has been advertising.
Nowadays, almost every electric car made in China has an entry level version available with a cobalt-free battery. LFP is the cobalt-free chemistry that can already make electric vehicles compete with ICE (Internal Combustion Engine) vehicles in price and availability.
With a starting price below 8.000 euros in China the 2021 Leapmotor T03 is extremely tempting. Even if it arrives in Europe for twice the price it will still make the basic Dacia Spring look overpriced…
Am I the only one tired of the SUV trend and eager to see more good electric cars in the A-segment?
More info:
https://www.leapmotor.com/parameter/T03parameter.html
Thanks for this
Any idea if it will come in Right Hand Drive Soon?
I don’t think so.
Perfectly sized crossover for the masses with correct 2 different battery options.
403 km (NEDC) / 300 km (WLTP) with top speed of 100 km/h is ideal for many city people with occasional highway commutes.
Entry level version with LFP costs less, but its energy efficiency will also be lower because of extra weight. After all this car is lot more efficient than ICE and driving will be smooth. Having 3 times the range of Wuling MiniEV with just twice the price is a good alternative for many who want cars with longer range.
So LFP is getting in all lower trims is good.
I dont think an average chinese travel 40.000 km / year.
That’s the warranty.
https://www.leapmotor.com/parameter/T03parameter.html
LFP seems to be a whole new phenomenon with base trims of many models featuring this battery. Seems it was invented by an Indian scientist in America named Arumugam Manthiram.
https://en.wikipedia.org/wiki/Lithium_iron_phosphate_battery
Ideally Leapmotor T03 can offer another trim with 250 km range at much lower price to compete with Wuling MiniEV which is #1 selling BEV. I am sure that trim could compete with both ice car and low speed evs there.
Last year end, bloomberg report mentioned that average battery cost $137 / KWh. At this price, $137 * 41 KWh = $ 5.617. At exch rate of 1 euro = $1.21, it comes to euro 4.642 for battery alone.
If the price of T03 with LFP costs euro 7.678 – battery price of 4.642 = euro 3.036 for car.
This is not possible. So in all likelihood, either the price of LFP is much below the $137 at the end of last year or it has further gone down in the last 4 months or both.
Either way, rise of LFP means faster fall in battery prices which goes very well for BEVs.
Hi Famlin.
I’m pretty sure that most automakers are lying about how much EV batteries cost. They want us to think that batteries are extremely expensive, so they can overprice EVs. Battery cost is always the excuse they use to prevent new stricter emissions regulations. They are fooling us and policy makers.
Remember this news from Reuters a year ago?
“The cost of CATL’s cobalt-free lithium iron phosphate battery packs has fallen below $80 per kilowatt-hour, with the cost of the battery cells dropping below $60/kWh, the sources said. CATL’s low-cobalt NMC battery packs are close to $100/kWh.”
https://www.reuters.com/article/us-autos-tesla-batteries-exclusive/exclusive-teslas-secret-batteries-aim-to-rework-the-math-for-electric-cars-and-the-grid-idUSKBN22Q1WC
Unfortunately most EV websites keep regurgitating automakers’ lies about this topic. Not many call them out on this lie.
Great news, thanks Pedro!