Leapmotor

In March, GAC Aion sold 40,016 vehicles, Leapmotor delivered 6,172 and Shenlan 8,568.

Analysts expect Leapmotor's sales to start improving gradually in the second quarter, meeting the company's guidance of selling more than 30,000 units in the quarter.

Leapmotor officially launched the C11 EREV and facelifts for its BEVs, allowing for significantly lower starting prices.

Leapmotor announced that it is entering the dual-power era, with all new models to be offered in both BEV and EREV versions going forward.

Scale is important for a car company, and without scale it's impossible to be profitable, said Leapmotor's CEO.

For the full year 2022, Leapmotor delivered 111,168 units, up 157.80 percent from 43,121 units in 2021.

This is one of Leapmotor's latest efforts to make its new models available in both an all-electric version and an extended-range version, as the price of power batteries remains high.

From January to November, Leapmotor delivered 102,675 vehicles, up 190.8 percent from 35,314 vehicles in the same period last year.

Leapmotor has opened its first three showrooms in Israel, with one of the stores allowing consumers to place orders and get deliveries directly.

Leapmotor's C-platform models and all future models will have both an all-electric version and a version with extended-range technology.