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Leapmotor announces closing of $690 million in new financing
Hangzhou government fund invested RMB 3 billion and other investors included CICC Capital, according to the announcement.
Leapmotor delivered 4,404 units in July, up 666% year-over-year
Leapmotor received 6,540 orders in July, up 59 percent from June. To date, Leapmotor has accumulated orders for 28,055 units for 2021, the company said.
Leapmotor says its self-driving technology will surpass Tesla's in three years
Leapmotor, the Chinese electric car startup that just announced it has received a license to manufacture cars as well as financing, has big ambitions in the self-driving space.
Leapmotor's flagship SUV C11 to go into mass production in October
Leapmotor founder Zhu Jiangming said the company is confident in its self-driving technology and expects to achieve full-scene autonomous driving by 2024 and surpass Tesla within three years.
Leapmotor's plant gets vehicle production qualification
Leapmotor said Wednesday that its plant in Jinhua, Zhejiang province, has been qualified to produce new energy vehicles. That means the company's products can be produced under the name Leapmotor, rather than its OEM.
Leapmotor closes over $700 million Pre-IPO round of financing
Leapmotor will likely file for an IPO in the second half of this year and is expected to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, in late 2021 or early 2022.
Leapmotor delivered 3,941 units in June, up 893% year-on-year
Leapmotor delivered 3,941 units in June, up 893 percent year-on-year and up 23 percent from May.
Leapmotor delivered 3,195 units in May, up over 12 times from a year ago
Leapmotor delivered 3,195 units in May, up 1,226 percent from a year ago and 15 percent from April.
Gotion Hi-tech, Leapmotor ink tie-up for battery cell supply
Chinese power and energy company Gotion Hi-tech has entered into a partnership with electric vehicle brand Leapmotor to supply the latter with electric cells.
Leapmotor delivers 1,522 new vehicles in January, down nearly 50 percent from December
Leapmotor said it received 5,588 orders for the month, including 3,388 for the Leap C11, which has been available for pre-order since January 1.
