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← Newsroom/EVs & hybridsChinese brandsSales & market

Leapmotor B03 electric hatch unveiled as Geely EX2 rival

Compiled by ADME Newsroom from 1 source

First reported by CarExpert · 4 August at 9:48 am

Who's covering this — 1 article

Motoring press
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Image: CarExpert

The quick read

Full coverage

CarExpert·Motoring press·4 August at 9:48 am

Leapmotor B03 electric hatch unveiled as Geely EX2 rival

The B03 is a challenger to China’s best-selling car, the Geely EX2, and could join the cut-price EV battleground in Australia.

Read at CarExpert →

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The quick read

  • Leapmotor B03 electric hatch unveiled as Geely EX2 rival
  • The B03 could join the cut-price EV battleground in Australia
  • The B03 is a challenger to China’s best-selling car, the Geely EX2
  • The B03 could be a new competitor in the Australian market

For dealers: Australian dealers should be aware of the potential new competitor in the cut-price EV segment

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The arrival of the Leapmotor B03 in Australia would put pressure on existing players in the cut-price EV segment, including the Geely EX2, to maintain their market share and pricing power

What it means for pricing

The B03’s entry into the Australian market could lead to a price war, with existing players forced to reduce their prices to remain competitive, which would impact dealers’ margins

The Geely EX2’s status as China’s best-selling car suggests it has a strong value proposition, which the B03 would need to match or exceed to gain traction in Australia

Impact on showroom traffic

The B03’s competitive pricing and features could attract price-sensitive buyers away from other brands, potentially increasing showroom traffic for dealers who choose to stock the B03

However, the B03’s success would depend on its ability to offer a compelling alternative to the Geely EX2, which would require careful marketing and positioning by dealers

Action required

One decisive action dealers could take this week is to research the Leapmotor B03’s specifications, pricing, and target market to determine whether it would be a viable addition to their product lineup and to prepare for potential customer inquiries about the new model

Go deeper — ADME analysis

  • VFACTS May 2026: a Tesla outsells every ute, and the market keeps shifting →
  • How a Chinese brand became Australia’s #2 — BYD, Chery, GWM and the new top 10 →