Wedoany.com Report-Apr. 11, Leapmotor, a prominent new energy vehicle (NEV) manufacturer, has recently achieved significant milestones in its sales and product lineup. Cumulative vehicle deliveries have surpassed 700,000 units, with the C10 model emerging as a standout contributor. As of early April, the C10 reached 100,000 units in just one year on the market, with a record 12,000-unit monthly delivery in March, accounting for 32% of the brand’s sales.
The Leapmotor C10, officially launched in March 2023, is available in seven variants. Four battery-electric vehicle (BEV) models range from 128,800 yuan to 168,800 yuan, offering up to 530 km of range, while three range-extended electric vehicles (REEV) start at 135,800 yuan, with 210 km of battery-powered range and a combined range of 1,190 km. Additionally, the B10, the brand’s first global model under its new B series, was introduced on the same day. This compact all-electric SUV is available in five variants, with CLTC ranges of 510 km or 600 km, priced between 99,800 yuan and 129,800 yuan. The B10 features advanced technologies like LiDAR and dual Qualcomm flagship chips, along with free OTA updates.
In 2024, Leapmotor reported revenue of 32.16 billion yuan, marking an 8.4% gross margin, a record for the company. In the fourth quarter alone, average monthly deliveries surpassed 40,000 units, with a gross margin of 13.3%. These performances have enabled the company to achieve quarterly profitability ahead of schedule. With such strong results, Leapmotor continues to solidify its position as a key player in the Chinese NEV market, signaling further growth and innovation in the coming years.
