Leapmotor T03 now starts from under £13,000
The Leapmotor T03 was Britain’s cheapest electric car for less than a day
Leapmotor's price cut of £3,000 to reduce the T03 electric hatchback to just £12,995 made it the cheapest EV on sale in the UK, for all of 15 hours. That's because Dacia was quick to respond the next day by reducing the Spring's price tag by £4,000 - to £11,990.
Technically speaking, the Leapmotor's new price tag is not a permanent price reduction, rather a doubling of the £1,500 price reduction Leapmotor applied to its T03 to match the UK Government’s Electric Car Grant. However, this technicality makes no difference to consumers. We feel it might just disappoint some who have recently taken the plunge and bought a T03 at the retail price.
While the Dacia Spring might be a tad cheaper, the Leapmotor T03 is still ahead in terms of range with a 165-mile maximum and standard equipment. The kit list includes a panoramic sunroof, active cruise control, LED headlights, a rear parking camera, alloy wheels and keyless start, none of which are offered on the Dacia. There's still a 95bhp electric motor in the T03, making the 0-62mph a 12.7-second task with a top speed of 81mph.
While the T03 is not a firm favourite here at Auto Express, for just £12,995 it does make a case for itself in terms of pure value. The last time the average price for a new car sat under that figure was in 1988. In the here and now such a low price represents incredible value, and with Dacia's swift response, this could signal a price war that might erupt in the UK market, especially among the new Chinese companies trying to establish a foothold.
The new discount will apply to all models purchased after the 1st of July and isn’t limited in terms of numbers.
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