Leapmotor, a leading electric vehicle manufacturer in China, has reported impressive delivery figures for the months of January and February. In February alone, the company delivered 25,287 vehicles, marking a significant 285 percent increase from the previous year. This number is also virtually unchanged from the 25,170 vehicles delivered in January.
In the first two months of the year, Leapmotor delivered a total of 50,457 vehicles, reflecting a remarkable 167.78 percent increase compared to the same period last year. Since its inception, the company has delivered a total of 650,005 units by the end of February, as per data monitored by CnEVPost.
The Chinese New Year holiday, which took place from January 28 to February 4 this year, typically slows down the auto industry in China. Despite this, Leapmotor has managed to maintain strong delivery numbers during this period.
Looking ahead, Leapmotor has set an ambitious target of delivering 500,000 vehicles by the end of 2025. In 2024, the company delivered 293,724 vehicles, representing a significant 103.76 percent increase from the previous year.
Established in 2015, Leapmotor initially focused on producing battery electric vehicles (BEVs) but has since expanded its offerings to include extended-range electric vehicle (EREV) models to cater to a broader market. The company’s current lineup in China includes the T03, C01, C10, C11, and C16 models, with most models available in both BEV and EREV variants.
Recently, Leapmotor unveiled the updated T03 model, offering two variants with competitive starting prices. The company is also gearing up to launch its new B10 SUV on March 10. The B10 is the first model built on Leapmotor’s Leap 3.5 architecture and represents the debut of the B-series in the company’s lineup.
With a strong focus on innovation and expansion, Leapmotor continues to make significant strides in the electric vehicle market in China. As the company sets its sights on achieving its delivery targets for 2025, it remains a key player to watch in the rapidly evolving EV industry.