Leapmotor Sets New Delivery Record as Global Expansion Gains Momentum

Leapmotor achieved another major sales milestone in May, delivering 81,569 vehicles and setting a new monthly record for the second consecutive month. The result represented an 80.99% increase compared to the same period last year and a 14.26% rise from April. The performance highlights the company's continued growth trajectory as it strengthens its position in the competitive electric vehicle market while pursuing both domestic and international expansion initiatives.

The latest achievement follows the company's previous record of 71,387 vehicle deliveries in April. To maintain strong customer demand in China, Leapmotor introduced new purchasing incentives for June, offering comprehensive customer benefits valued at up to 56,680 yuan. These incentives are expected to support continued sales momentum as the company expands its vehicle lineup and market reach.

The company's recently introduced models have played an important role in supporting growth. The A10 compact SUV entered the market on March 26, while the D19 full-size SUV became available on April 16. These additions have broadened Leapmotor's product portfolio and strengthened its ability to serve different customer segments within the rapidly evolving electric vehicle sector.

Leapmotor is also increasing its international presence by showcasing its manufacturing capabilities and product quality to overseas partners. A delegation of European dealers recently visited the company's production facility in Huzhou, Zhejiang province, providing an opportunity to demonstrate manufacturing standards and strengthen relationships with international distribution networks.

As part of its overseas expansion strategy, the company confirmed that the electric hatchback Lafa 5 will enter 28 international markets in June. The launch represents a significant step in Leapmotor's efforts to expand beyond its domestic market and establish a stronger presence across multiple global regions.

The company is further strengthening cooperation with Stellantis NV. Both companies plan to add a new production line at Stellantis's Zaragoza facility in Spain. The plant could begin manufacturing Leapmotor's B10 model as early as 2026, supporting the brand's international production ambitions and improving access to overseas customers.

In addition, the two partners are planning to transfer ownership of Stellantis's Villaverde manufacturing facility in Madrid to their joint venture, Leapmotor International. The move is expected to enhance operational integration and support future growth initiatives across European markets.

Product diversification remains another important component of Leapmotor's long-term strategy. The company recently confirmed plans to establish an entirely new independent brand focused on premium vehicles priced above 300,000 yuan. The first products under the new brand are expected to debut before the end of this year.

The premium brand initiative is designed to help Leapmotor expand beyond its traditional focus on affordable mass-market vehicles and enter higher-margin segments. By broadening its market positioning, the company aims to improve profitability while maintaining growth in its core business.

In the first five months of the year, Leapmotor delivered 263,111 vehicles, representing a year-on-year increase of 51.51%. The strong performance reflects sustained customer demand, expanding product offerings, and the company's continued investment in domestic and international growth strategies.

Looking ahead, Leapmotor has set an ambitious target of delivering 1 million vehicles during 2026. Achieving this objective will depend on continued product expansion, successful overseas market penetration, and effective execution of strategic partnerships that support manufacturing and distribution growth worldwide.

Frequently Asked Questions

What contributed to Leapmotor's record vehicle deliveries in May?
Leapmotor achieved record deliveries through strong market demand, new vehicle launches, and customer incentive programs. The company benefited from the introduction of the A10 compact SUV and D19 full-size SUV, while also offering purchase benefits to consumers in China. These factors helped drive significant year-on-year and month-on-month growth. Continued expansion of the product lineup and improved market reach have also strengthened the company's ability to attract a broader customer base and maintain sales momentum.

What are Leapmotor's international expansion plans?
Leapmotor is expanding globally through new vehicle launches and manufacturing partnerships. The company plans to introduce the Lafa 5 electric hatchback in 28 overseas markets and is strengthening cooperation with Stellantis. Planned production activities in Spain and the integration of facilities into Leapmotor International are expected to support future growth. These initiatives aim to improve manufacturing capacity, enhance market access, and establish a stronger international presence as the company pursues its long-term global expansion strategy.

Why is Leapmotor launching a new premium brand?
The new premium brand is intended to help Leapmotor enter higher-margin market segments and diversify its business. The planned vehicles will target price points above 300,000 yuan, allowing the company to expand beyond its traditional focus on affordable electric vehicles. This strategy supports long-term profitability goals while broadening the customer base. By offering premium products alongside existing models, Leapmotor aims to strengthen its competitive position and create additional growth opportunities in the evolving automotive market.