China's Automotive Market Leapmotor Jumps to the Top of China's EV Start-Ups
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Leapmotor has become the first Chinese EV start-up to deliver more than 80,000 vehicles in a month. With affordable prices, high production depth, and support from Stellantis, the company is growing faster than its competitors.
Leapmotor is called "Lingpao Qiche" in Chinese. Literally translated, it means "starting from zero and then sprinting forward." This is exactly what the company seems to have achieved. In May, the manufacturer delivered more than 81,000 vehicles. This represents an 81 percent increase compared to the same month last year and also marks a new monthly record. With this, the OEM from the eastern Chinese province of Zhejiang became the first Chinese start-up to surpass the 80,000-cars-per-month mark. The figures were published by the Chinese tech portal CNMO Keji earlier this month and have since been confirmed by Stellantis.
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