Skip to main content
Autotrayce
Back to Manufacturers
ev specialist

Leapmotor

Hangzhou, ChinaFounded 2015~9,000 employees

Overview

Leapmotor is a prominent Chinese electric vehicle (EV) manufacturer that focuses on the design and production of smart electric vehicles with a high degree of vertical integration. The company develops nearly all its core hardware and software in-house, positioning itself as a technology-driven competitor in the mid-to-high-end mainstream automotive market.

History

Founded in December 2015 by Zhu Jiangming, a co-founder of the security giant Dahua Technology, Leapmotor was established with the goal of achieving full-domain in-house research and development. The company launched its first production car, the S01 electric coupe, in 2019, followed by the T03 micro-car in 2020, which became a significant sales driver due to its affordability and smart features. In 2021, the company expanded into the SUV segment with the C11, and in 2022, it introduced the C01 sedan, which was notable for being the first mass-produced vehicle to feature Cell-to-Chassis (CTC) technology. Leapmotor's trajectory changed significantly in October 2023 when Stellantis NV announced a €1.5 billion investment for a 20% stake in the company. This partnership led to the creation of 'Leapmotor International,' a joint venture that leverages Stellantis's global distribution network to sell Leapmotor vehicles outside of China. By mid-2024, the company had begun assembling the T03 model at Stellantis's Tychy plant in Poland to navigate shifting trade regulations and tariffs in the European market. Today, Leapmotor continues to expand its 'Leap 3.0' architecture, launching new models like the C10 and C16, which are designed specifically for global appeal and high-tech integration.

Current Models

T03
C11
C01
C10
C16

Supply Chain Profile

This section is available to Professional members and above. Upgrade to unlock full access.

Quick Facts

Founded
2015
Headquarters
Hangzhou, China
Employees
~9,000
Category
ev specialist
Ownership
Publicly Listed
View full ownership & deal history

Capacity Updates

1 plant change tracked

Annual Report

2025 — Leapmotor

All reports

Vehicles Produced

596,555

Revenue

64.73 billion yuan

Net Profit / Loss

540 million yuan profit

R&D Expenditure

4.29 billion yuan

Employee Headcount

28,785

Capital Expenditure

4.80 billion yuan

Global Market Share

1.1%

Key Highlights

  • Achieved first-ever full-year net profit of 540 million yuan, making it the second Chinese EV startup to reach profitability after Li Auto.
  • Annual vehicle deliveries surged to 596,555 units, representing a 103% year-on-year increase and doubling sales for the second consecutive year.
  • Launched the strategic 'B platform' and 'D platform,' introducing new models including the B10 crossover and the flagship D19 SUV.
  • Expanded global footprint to over 40 countries through Leapmotor International, a joint venture with Stellantis, and secured a 3.74 billion yuan investment from FAW Group.

Stay Updated

Get the latest industry news, career opportunities, and educational resources delivered to your inbox.

Cookies at Autotrayce

We use cookies to understand how the site is used. Strictly necessary cookies are always on; nothing else runs until you choose.

Cookie notice