BRIEF: Stellantis halts Leapmotor EV production in Poland
Automaker Stellantis (STLA.US) announced on Tuesday that it stopped assembling Chinese EV maker Leapmotor’s (9863.HK) T03 small electric vehicle (EV) at its Polish plant as of March 30. The company…
No longer alone at head of the NEV pack, Li Auto shows early adopters don’t always win
While it remains a leader in China’s crowded field of new energy vehicle makers, the company faces growing competition from rivals that are quickly catching up Key Takeaways: Li Auto’s…
Leapmotor jumps to first-ever quarterly profit
Investors have grown bullish on the NEV maker after it delivered more than 40,000 vehicles last December Key Takeaways: Leapmotor reported its first ever quarterly profit in last year’s fourth…
BRIEF: Xpeng,Leapmotor make triple-digit gains in February as BYD retains NEV crown
A post-Lunar New Year rebound fueled big growth for new energy vehicle (NEV) sales in February, with most major brands reporting strong gains, some in triple-digits. XPeng (XPEV.US; 9868.HK) delivered…
BRIEF: Leapmotor becomes profitable a year ahead of schedule
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) announced on Monday that it became profitable in the fourth quarter of 2024, a year ahead of its original plan. It…
BRIEF: Leapmotor to assemble electric vehicles in Myanmar
Electric vehicle maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) said it has signed an agreement to assemble cars in Myanmar, part of its strategy to expand into Southeast Asia. Under…
BRIEF: Leapmotor’s loss narrows on rapid growth
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) reported Monday its sales in the third quarter jumped 94.4% year-on-year to 86,165 units, fueling a 74.3% revenue increase to 9.86 billion…