Leapmotor April deliveries hit record as low-cost smart EVs gain traction
The company delivered 71,387 vehicles during the month, up 73.9% from a year earlier, marking its highest monthly total on record.
The company delivered 71,387 vehicles during the month, up 73.9% from a year earlier, marking its highest monthly total on record.
Together, the two categories accounted for more than one-fifth of Zhejiang’s export growth over the period.
The technology has long been dominated by suppliers such as Infineon Technologies and onsemi, with local suppliers historically accounting for less than 20% of the market.
Public records show that Slash Robotics marks the only alumni startup Li Auto has invested in over the past two years.
Over the past few years, Huayou Cobalt has built a fully integrated “mine-to-market” business model spanning the entire EV battery lifecycle.
The turnaround was driven largely by the launch of the A10, a 100,000-yuan ($14,530)-class all-electric SUV unveiled on March 26.
New energy vehicles (NEV) accounted for a growing share of that expansion, with quarterly NEV sales reaching 369,059 units, up 9% year on year and representing 55% of total deliveries.
Thermal management has emerged as a critical battleground in EV competition, directly affecting battery longevity, driving range and operational safety.
Since its acquisition in 2017 of a 49.9% stake in Proton, Geely’s partnership with the homegrown Malaysian marquee has been gaining momentum.
Exports to the European Union rose about 70%, shipments to ASEAN markets increased 1.4 times, and deliveries to Latin America surged more than sixteenfold.