The all-new 2026 Leapmotor B10 is already one of Australia’s most affordable – and largest – small electric SUVs, and the upcoming extended-range electric vehicle (EREV, or REEV in Leapmotor nomenclature) version will be even cheaper.
Leapmotor confirmed the release of an EREV version of the B10 for Australia back in October, after announcing a starting price of just $38,990 drive-away for the B10 in September, ahead of first deliveries from November and its official launch this month.
That means the B10 undercuts the MG S5 EV (from $40,490 drive-away) and matches the Chery E5 to become the equal second-cheapest small electric SUV on the Australian market (the cheapest is the much smaller BYD Atto 2, from $31,990 before on-road costs).
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The addition of REEV variants for the B10 will echo the same move by the larger C10 mid-size electric SUV, which launched the Leapmotor brand Down Under in late 2024, before it was quickly joined by REEV versions offering up to 1150km of range in March 2025.
As the first extended-range EV available in Australia since the BMW i3 – if you don’t count Nissan’s conceptually e-Power models, which can’t be plugged in and charged but which also incorporate a small petrol engine that only charges the battery – the C10 REEV is available in two variants, each priced $2000 below their EV counterparts.
The Leapmotor C10 lineup starts at $43,888 plus on-road costs for the entry-level REEV Style, rising to $45,888 plus ORCs for the EV Style, $47,888 plus ORCs for the REEV Design, and $49,888 plus ORCs for the EV Design flagship.
Until the end of next month, however, Leapmotor Australia is offering deals and “summer bonuses” across the C10 range, including the REEV Style ($44,990 drive-away plus a $2000 bonus), REEV Design ($47,990 drive-away plus a $2000 bonus), Style ($47,990 drive-away plus a $3000 bonus) and Design ($50,990 drive-away plus a $4000 bonus).
But note that these prices only apply to MY25 vehicles in Pearl White paint, and the bonuses apply to new and demonstrator MY25 vehicles purchased and delivered by March 31, excluding government and rental buyers.
If the B10 REEV follows the pricing strategy of the C10 REEV, it would be priced from as low as $36,990 drive-away – before any deals or bonuses.
That would make more than $10,000 cheaper than comparable electrified small SUVs including the Nissan Qashqai e-Power (priced from $45,640 plus ORCs for the new base MY26 ST-L).
Speaking at the local launch of the B10 – the independent Chinese auto brand’s third global model after the C10 and the T03 city-car, and the second to arrive Down Under – Stellantis Australia senior product manager Rick Crichton stopped short of confirming the B10 REEV will be cheaper than the EV.
But when asked if B10 REEV pricing will be consistent with C10 REEV pricing, he said: “I don’t have an answer for you today on that. What I can say is the C10 REEV offers a really compelling value proposition, so we definitely want B10 to follow in C10’s footsteps.
“We’re trying to cater to everyone’s EV, journey. So not everyone’s ready to make the full transition. It [REEV] definitely offers a happy medium between those that don’t want to give up the petrol browser just yet. So definitely, having both of those options really allows us full coverage.”
In China, roughly half of all C10 buyers choose hybridised versions, prompting the brand to expand the availability of EREV powertrains in other models, and Leapmotor expects similar takeup when the technology becomes available in export markets including Australia.
At the other end of the scale, a hotter 463kW all-wheel drive flagship will also top the C10 range in future.
EV and REEV versions of the C10 attracted 579 Australian buyers last year – much fewer than the 3944 sales notched up in a shorter period by its direct rival, the Geely EX5, which launched the compatriot Chinese brand here in early 2025.
Mr Crichton wouldn’t divulge Stellantis Australia’s sales target for the B10, nor whether he expected it to outsell the C10, but said it would complement the larger and pricier SUV already in Leapmotor showrooms.
“We don’t talk targets or sales aspirations, but we’re pretty excited by the opportunity that B10 represents,” he said.
“I think they’ve both got their rightful place in the market, and I’m super-excited to see which one sells more, to be honest. They’re both super compelling value propositions in their own right.”
Asked whether we can expect C10-style deals and incentives in future, Mr Crichton left the door open.
“I keep a pretty close tab on the market in terms of competitor movements,” he said.
“So right now, we’ve communicated a super-attractive price, and if people want to undercut I think the B10 is still… it’s priced really well, and I think consumers will recognise that.”
Watch this space on Thursday (February 19) for our first local review of the new Leapmotor B10.