BRIEF: Leapmotor, Stellantis eye shared production lines to expand in Europe
EV maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) and global automaker Stellantis (STLA.US) are reportedly planning to deepen their partnership, expanding beyond sales to include joint procurement, shared production lines…
Razor-thin margins slice holes in Leapmotor’s inaugural profit
The electric vehicle maker impressed investors by reporting its deliveries doubled last year, as it achieved its first-ever annual profit Key Takeaways: Leapmotor recorded an annual net profit of 540…
BRIEF: GAC-Stellantis joint venture officially declared bankrupt
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
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…
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…
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BRIEF: GAC-Stellantis joint venture officially declared bankrupt
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BRIEF: Stellantis halts Leapmotor EV production in Poland
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