Leapmotor Sales Targets and Global Expansion
Coverage of Leapmotor's strategic sales goals, international market expansion, and leadership announcements.
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New Energy Vehicle Startups Show Widening Sales Divergence in May
Leapmotor surged ahead in May with over 81,000 deliveries, becoming the first NEV startup to cross the 80,000-unit mark in a month. Meanwhile, rivals like NIO, Li Auto, XPeng, Xiaomi, and Aito remained clustered between 30,000–35,000 units as China’s NEV market penetration reached a record 62.5%.
Leapmotor Delivers Over 80,000 Units in May, Solidly Leading Among EV Startups
Leapmotor delivered 81,569 vehicles in May, a record 81% year-over-year increase, cementing its position as China’s top EV startup. Strong demand for the A10 and expanded production capacity are driving momentum, while overseas expansion accelerates.
Leapmotor D99 Interior Debut Scheduled for May 29
Leapmotor’s first MPV, the tech-luxury D99 built on LEAP 4.0 architecture, will unveil its interior on May 29 at the Greater Bay Area Auto Show. Featuring a 2+2+3 seating layout, dual powertrain options (BEV and range-extended), 1280 TOPS smart driving system, and an integrated cockpit-driving domain controller.
Leapmotor and Xiaomi Lay Out Second Brands to Target Premium and Niche EV Segments
Chinese EV makers Leapmotor and Xiaomi are launching new sub-brands to break into premium and specialized vehicle segments. Leapmotor targets the RMB 300,000+ market with a 2027 debut, while Xiaomi's SKYNOMAD brand focuses on range-extended family SUVs.
Leapmotor D99 Unveiled as a Flexible-Space MPV
The all-new Leapmotor D99 MPV debuts with groundbreaking interior flexibility, offering battery-electric and extended-range options, multi-mode seating across three rows, and premium intelligent cabin features—all built on the LEAP 4.0 architecture.
Stellantis Deepens China Collaboration and Expands European Footprint
Stellantis is forging strategic joint ventures with Chinese automakers Dongfeng and Leapmotor to accelerate its EV rollout in Europe, combining Chinese new energy vehicle technology with local manufacturing capacity.
Leapmotor Unveils Interior of Its First MPV, the D99
Leapmotor has revealed the interior of its flagship seven-seater MPV, the D99, featuring a 2+2+3 flexible seating layout, dual-chamber air suspension, AR-HUD, and both BEV and range-extended options—targeting the premium RMB 300,000 new energy MPV segment.
Leapmotor Swings from Profit to Loss in Q1 2026 Despite Record Deliveries and Revenue
Leapmotor delivered a record 110,155 vehicles and generated RMB 10.82 billion in revenue in Q1 2026, yet posted a net loss of RMB 390 million due to a shift toward lower-priced models, shrinking margins, and higher operating expenses. The EV maker remains committed to its full-year targets of 1 million deliveries and RMB 5 billion in net profit, banking on new model launches and overseas expansion.
Leapmotor Confirms Launch of Second Brand Targeting the Premium Market Above RMB 300,000
Leapmotor Auto has confirmed plans to launch a second, premium EV brand priced above RMB 300,000, debuting by late 2026 and hitting markets by mid-2027. The new brand will feature an independent sales network in high-end districts and upgraded service standards, aiming to improve profitability and shed its 'half-price Li Auto' image by emulating Toyota’s Lexus strategy.
Stellantis and Leapmotor Deepen European Collaboration with Joint EV Production
Stellantis and Leapmotor are expanding their partnership to co-produce two electric vehicles in Spain starting in 2026, combining Chinese EV technology with European manufacturing capacity. The collaboration includes local assembly of the Leapmotor B10 and a jointly developed C-segment EV SUV launching in 2028.
Leapmotor Delivers 71,000 Vehicles in April, Leading Among EV Startups
Leapmotor surged to 71,387 vehicle deliveries in April—up 73.9% YoY—while competitors like Li Auto, NIO, and Xiaomi clustered around the 30,000-unit mark, highlighting growing market polarization in China’s EV sector.
Leapmotor A05 to Launch in May with 510 km Range and Optional LiDAR
The all-electric Leapmotor A05 will debut in May and hit showrooms in June, offering two range variants (405 km and 510 km), compact urban-friendly dimensions, and an optional LiDAR system on higher trims for advanced driver assistance.