Leapmotor
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Company identity
Unknown — not reviewed
Manufacturing location
Unknown — not reviewed
Certifications
Unknown — not reviewed
Programme relationships
Unknown — not reviewed
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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
Quick Facts
- Founded
- 2015
- Headquarters
- Hangzhou, China
- Employees
- ~9,000
- Category
- ev specialist
- Ownership
- Publicly Listed
Capacity Updates
1 plant change tracked
Annual Report
2025 — Leapmotor
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.
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