Science & Tech · Gadgets & EVs · 3 hrs ago
Leapmotor tops 100,000 monthly sales as it expands partnerships
Chinese electric-car maker Leapmotor has passed 100,000 monthly sales this year, marking rapid growth.
The company began as a newer player selling affordable electric cars, with some models priced around 100,000 yuan.
Its low-cost, high-spec strategy and in-house production of key parts have helped it grow.
Leapmotor has also turned an annual profit, but low-priced models and rising raw-material costs challenge its profitability.
A partnership with Stellantis is helping it expand overseas, while cooperation with Chinese state-owned automaker FAW covers investment, parts and technology.
These deals could widen Leapmotor’s reach and strengthen its production and supply links.
The company is continuing to pursue overseas production and partnerships, though the account gives no specific timetable.
Chinese electric vehicle maker Leapmotor has exceeded 100,000 monthly sales this year.
The company has grown with a strategy focused on affordable, well-equipped cars and vertical integration of key components.
It has expanded overseas through a partnership with Stellantis.
Leapmotor is also widening capital, parts and technology cooperation with China’s FAW Group.
The company has turned to annual profitability, while low-priced models and rising raw-material costs remain challenges to improving profits.
- Who
- Leapmotor, a Chinese electric vehicle maker.
- What
- It has exceeded 100,000 monthly sales and is expanding partnerships.
- When
- This year; the article was published on October 24, 2026.
- Where
- China, with overseas markets also part of its expansion.
- Why
- Its affordable, well-equipped vehicle strategy and vertical integration have supported growth. It is expanding through partnerships.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Monthly sales
- More than 100,000 this year
- Global partner
- Stellantis
- Chinese partner
- FAW Group
- Growth strategy
- Affordable, well-equipped cars and vertical integration
- Profitability
- Turned to annual profitability