Leapmotor hits 900,000 car delivery milestone

  • So far this month, Leapmotor has delivered at least 28,659 vehicles.
  • Leapmotor delivered 50,129 vehicles in July, marking the first time monthly deliveries exceeded the 50,000-unit threshold.
Leapmotor hits 900,000 car delivery milestone
(A Leapmotor C01 displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost)

Leapmotor (HKG: 9863) hit the 900,000 cumulative vehicle delivery milestone today, as the Chinese new energy vehicle (NEV) maker kept up its strong growth.

The company announced the milestone on its social media platforms, stating that the competitiveness and reputation of its vehicle lineup, primarily consisting of the B series and C series models, continue to gain traction.

This means that between August 1 and 21, Leapmotor delivered at least 28,659 vehicles. As of the end of July, Leapmotor's cumulative deliveries since its inception totaled 871,341 units, according to data compiled by CnEVPost.

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The company delivered 50,129 vehicles in July, marking the first time monthly deliveries exceeded the 50,000 mark and setting a new record high for the third consecutive month, according to previously disclosed data.

Leapmotor delivers record 50,129 cars in Jul

Leapmotor currently offers the following models for sale in China: T03, B10, B01, C01, C10, C11, and C16.

The T03, B01, and B10 are available only as battery electric vehicles (BEVs), while the other models also offer extended-range electric vehicle (EREV) variants.

The company reported a net income of RMB 30 million ($4.2 million) in the first half of the year, marking its first-ever positive net income for a half-year period, according to its financial report released on August 18.

This makes Leapmotor the second Chinese NEV startup after Li Auto (NASDAQ: LI) to achieve profitability over a half-year period.

Leapmotor delivered 221,664 vehicles in the first half of this year, representing a year-on-year increase of 155.68 percent. From January to July, its delivery volume reached 271,793 units, up 149.84 percent year-on-year.

Given its strong sales performance, Leapmotor had raised its 2025 annual sales target from the previous range of 500,000 to 600,000 units to 580,000 to 650,000 units.

In 2026, Leapmotor aims to achieve annual sales of 1 million units, according to its management.

($1 = RMB 7.1735)

FAW plans to acquire about 10 percent of Leapmotor's shares, becoming a strategic shareholder, according to a local media report.
Aug 20, 2025
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