Leapmotor deliveries rebound past 50,000 as new A10 SUV fuels sales surge
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.
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.
A surge in the so-called “New Three” — electric vehicles, lithium-ion batteries and solar panels — drove much of the expansion.