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Leapmotor

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technology2 hours ago•12 min saved

Leapmotor Breaks Into Manufacturer Podium as BEVs Dominate June 2026 Global EV Sales

Global plugin-vehicle registrations rose 8% YoY in June 2026 to about 2 million, with BEVs up 21% and PHEVs down 14%. BEVs represented roughly 72% of plugin sales in June and about 17% of plugin market share year-to-date (24% when counting all EVs). The top models remained Model Y, Song, and Model 3, while Leapmotor surged to third in the manufacturer rankings with 93,376 units, signaling rapid competition growth as BEVs continue to lead the market expansion.

via CleanTechnica|

#bev #electric-vehicles #ev-market

business2 months ago•3 min saved

Stellantis Eyes Mexico and Canada for Chinese-Car Tie-Ups, US Moves Toward Non-Chinese Partnerships

Stellantis CEO Antonio Filosa said the company could expand Chinese-brand vehicle production with Leapmotor into Mexico and possibly Canada, but not the United States, while pursuing US partnerships with non-Chinese brands such as Jaguar Land Rover; discussions include a Brampton, Ontario plant and continuing Leapmotor collaboration to grow sales and share costs.

via CNBC|

#business #canada #jaguar-land-rover

business2 months ago•7 min saved

Stellantis and Leapmotor Deepen EV Alliance, Plan New Zaragoza Line and Madrid Plant Expansion

Stellantis and Leapmotor say they will deepen their partnership to boost European BEV production, including adding a new Opel C-SUV BEV line at the Zaragoza (Figueruelas) plant alongside Leapmotor’s C-SUV B10, aided by LPMI components to improve affordability. They also aim to expand LPMI purchasing to accelerate time-to-market, and explore expanding Leapmotor’s products at the Villaverde, Madrid plant with ownership potentially transferring to LPMI’s Spanish subsidiary, all aligned with Made-in-Europe requirements. Feasibility studies are underway, with potential production timelines targeting 2026 for B10 at Zaragoza and 2028 for the Opel C-SUV, plus early 2028 for a Leapmotor model at Villaverde, subject to definitive agreements.

via Stellantis.com|

#business #leapmotor #lpmi

business2 years ago•3 min saved

Stellantis Secures $1.6 Billion Investment in Chinese EV Startup Leapmotor

Stellantis, the parent company of brands like Jeep and Dodge, has announced a $1.6 billion investment in Chinese electric vehicle (EV) startup Leapmotor. The investment will establish the Leapmotor International joint venture, with Stellantis holding a majority 51% interest. The move aims to boost sales of Leapmotor's EVs overseas and help Stellantis gain a stronger foothold in the competitive Chinese EV market. Stellantis currently holds just a 0.3% market share in China. The deal will provide Stellantis with access to Leapmotor's technology and manufacturing capabilities, while Leapmotor can leverage Stellantis' network to expand its presence in Europe. However, previous partnerships between traditional automakers and Chinese companies have faced challenges, casting some doubt on the success of this investment.

via CNBC|

#business #chinese-ev-market #electric-vehicles

business2 years ago•3 min saved

Stellantis Makes Strategic Investment in Chinese EV Firm Leapmotor

Stellantis, the parent company of Chrysler, is acquiring a 21% stake in Chinese electric vehicle (EV) maker Leapmotor for $1.6 billion as part of its new strategy to focus on EVs in China. The deal includes the formation of a joint venture, giving Stellantis exclusive rights to export, sell, and manufacture Leapmotor products outside of Greater China. This partnership reflects China's emergence as a global center for EV technology. However, some analysts are skeptical that such minority-stake partnerships will help foreign auto brands revive their declining fortunes in China. Stellantis has struggled to sell cars in China and hopes this partnership will give it a crucial foothold in the Chinese market.

via Reuters|

#business #china #ev

automotive-technology3 years ago•2 min saved

Leapmotor Introduces Revolutionary Manufacturing Platform, Encourages Industry Adoption

Chinese electric vehicle maker Leapmotor has unveiled a new manufacturing platform called "Four Leaf Clover" that integrates an advanced computing platform capable of controlling all intelligent functions, including autonomous driving and smart cockpit features. Leapmotor aims to license this platform to other automakers and is currently in talks with two foreign companies for potential partnerships. The company expects the platform to reduce materials costs per car by 500 yuan ($70) and plans to launch an improved version in 2025. Leapmotor, along with other Chinese EV startups, has faced challenges due to competition from Tesla, but its focus on R&D investment and innovative technology has attracted tech-savvy Chinese consumers.

via Reuters|

#automotive-technology #autonomous-driving #electric-vehicles