Leapmotor

The city that gave Nio a lifeline to invest $308 million in another EV startup

Leapmotor is raising a Pre-IPO round at a valuation of more than 22 billion yuan ($3.4 billion), and the city of Hefei has made its investment intentions clear, 36kr said. ...

Hefei, which saved Nio from brink of bankruptcy, is backing another EV maker

With the success of its investment in Nio, the central Chinese city of Hefei has become more bullish on the new energy vehicle industry and is throwing its weight behind another pr ...

Leapmotor acquires traditional automaker to gain production qualification

Chinese EV startup Leapmotor has acquired Fujian New Forta Automobile Industry Co., Ltd. in a move that the industry believes is intended to solve its production qualification issu ...

Chinese EV start-up Leapmotor to release upgraded version of LP-S01

Leapmotor, co-founded by surveillance equipment maker Dahua Technology, said it will release an upgraded version of the LP-S01 460 version in the first half of this year. The new c ...