In 2025, Leapmotor will be the Number 1 Chinese electric vehicle manufacturer after selling over 596,555 electric vehicles worldwide during 2025. This is an increase of 103% from 2024 and indicates that there was a lot of demand for electric vehicles not only in China but around the world. December of 2025 saw the highest sales volume ever for Leapmotor, with the company delivering 60,423 vehicles across all models.
Leapmotor continues to develop and launch EV products built on their LEAP 3.5 technology platform, which allows them to expand upon their current product offerings and develop more innovative EV products. Major new product launches include the B10 (SUV), B01 (Sedan), and Lafa5 (Sports Coupe), which is marketed internationally as the B05.
Leapmotor has also launched the new A10 (compact crossover), which will be known as the B03X in international markets, at major global auto shows across the globe. A preview of the upcoming D19 (E-segment flagship SUV) is available, and it gives a better understanding of Leapmotor’s future designs and positioning.
Leapmotor is moving forward with its global expansion strategy and has opened dealerships in South America and Africa, increasing the number of retail locations to more than 1,700. This expansion is a direct result of the Leapmotor International Joint Venture that was created in May 2024 with Stellantis Group.
Stellantis acquired an equity investment in Leapmotor during 2023. Stellantis has now become a key force behind Leapmotor’s international expansion and related market development activities.
In Q1 2025, Leapmotor achieved its first positive net profit for a half-year period, and subsequently achieved three consecutive quarters of profitability, which indicates that it is well on its way to achieving long-term financial viability.
Leapmotor is headquartered in Hangzhou, China; it began operations in 2015 and produces EVs as a vertically-integrated manufacturer of electric vehicles. The company not only builds EVs but also manufactures many of the critical components in-house, including electric drive units, motor controllers, battery systems and intelligent vehicle software.
Approximately 65% of the cost of an EV produced by Leapmotor is due to self-developed and self-manufactured parts, including the company’s 8-in-1 electric drive system, cell-to-chassis integration of battery packs, and its centralized four-in-1 electronic architecture.
Leapmotor’s models include B01, B10, C16, C10, C11, C01 and T03, which can be purchased in either fully electric or extended range versions.