Leapmotor Achieves Impressive Growth in March 2025
Beijing (Gasgoo)- Chinese new energy vehicle manufacturer Leapmotor has reported a significant milestone in March 2025, with a remarkable 154% year-on-year increase in deliveries. The company delivered a total of 37,095 vehicles during the month, showcasing its rapid growth in the electric vehicle market.
Photo credit: Leapmotor
One of the standout models for Leapmotor in March was the C16 SUV, which saw its cumulative deliveries exceed 55,000 units, highlighting the popularity and success of the vehicle in the market.
Leapmotor also introduced its cutting-edge LEAP 3.5 technology architecture on March 10. This innovative technology features a super-integrated central domain controller, referred to as the “super brain,” which integrates cockpit, powertrain, and body control systems for enhanced intelligent driving capabilities. The first model to incorporate the LEAP 3.5 technology is the B10 SUV, priced between 109,800 yuan and 139,800 yuan in presales. The B10 SUV is set to launch officially on April 10, with the aim of helping Leapmotor achieve its ambitious sales target of 500,000 units by 2025.
Additionally, Leapmotor released its 2024 financial report on March 10, revealing impressive results for the year. The company reported annual deliveries of 293,724 vehicles, exceeding its sales target. Leapmotor generated 32.16 billion yuan in revenue, representing a significant 92% year-on-year increase, with a record-high gross margin of 8.4%. The company also achieved positive operating and free cash flow, with cash reserves reaching 20.42 billion yuan.
