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…
BRIEF: Leapmotor starts taking orders for first two EVs in Europe
Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) has begun taking orders for its first two electric vehicles (EVs) in Europe, as it moves into the region after its landmark tie-up with Stellantis…
Dahua drives away as big winner from Stellantis’ Leapmotor investment
The former Leapmotor stakeholder earned a $600 million profit by selling its shares in the struggling EV maker to the Euro-American parent of Chrysler and Fiat Key Takeaways: Leapmotor’s shares…
PODCAST: A Xi-Biden Summit Takes Shape, and Stellantis Rescues an EV Startup
By Doug Young & Rene Vanguestaine A summit between Xi Jinping and Joe Biden is looking increasingly likely after China’s foreign minister traveled to Washington last week. But will such…
CHINA BULLETIN: More U.S.-China Warming as Xi, Biden Meet Each Other’s Emissaries
Illustration of Joe Biden having dinner with Chinese guests
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