EV Briefing LogoEV Briefing
Jan 10, 12:45 AM

FAW Invests RMB 3.744 Billion to Strategically Acquire Stake in Leapmotor

#Chinese Automaker Global Expansion and Competition#Legacy Automaker EV Transitions#Leapmotor Sales Targets and Global Expansion

[Capital Partnership] FAW has acquired a 5% stake in Leapmotor for RMB 3.744 billion, becoming a key strategic shareholder.

⚡ Core Development: FAW subscribed to 74,832,200 domestic shares at RMB 50.03 per share

Both parties officially signed the agreement on December 28. FAW completed its strategic investment in Leapmotor through a wholly-owned subsidiary. Although the stake represents only 5% of the enlarged total share capital, it accounts for 20.47% of domestic shares, significantly enhancing FAW’s influence.

📊 Key Figures: Clear allocation of the RMB 3.744 billion investment

Approximately 50% will be allocated to R&D for smart electric vehicles and core technologies, 25% to working capital, and the remaining 25% to expanding sales networks and brand building.

🔍 Strategic Foundation: Joint development of PHEV/EREV models, targeting mass production and export by 2026

This partnership not only strengthens Leapmotor’s technological capabilities and financial resources but also leverages FAW’s manufacturing and export infrastructure. Leapmotor currently sells over 70,000 vehicles per month, firmly positioning it among the top-tier new energy vehicle makers.