Here’s leapmotor stays profitable in H1 as margin and cash flow weaken
Leapmotor’s first-half net profit rose to 210 million yuan ($30.95 million), marking its third consecutive half-year of profitability.
Leapmotor’s first-half net profit rose to 210 million yuan ($30.95 million), marking its third consecutive half-year of profitability.
Leapmotor believes that as an NEV maker with in-house R&D capabilities, it is well positioned to develop embodied robots.
Global deliveries rose 80.7% year-on-year in August, though sequential growth slowed to 1.84%.
Plug-in hybrid models could launch overseas as early as the first half of 2027, as Leapmotor increases investment in their development.
Leapmotor’s founder said the second brand’s first product will offer an experience akin to smartphones replacing feature phones.
The refreshed B01 sedan starts at 95,800 yuan ($14,150), while the B10 SUV starts at 99,800 yuan.
An executive said Leapmotor will make efforts across multiple areas in the second half to get as close as possible to its sales target.
Leapmotor shared the first interior images of the A05s after previewing the vehicle last week.
The Leapmotor A05 offers 405-km and 510-km range options and will compete with the BYD Dolphin and Geely Xingyuan.
The first Indonesia-assembled B10 and C10 vehicles are expected to begin deliveries in August.