Product Plans

Products from the second brand are expected to debut as early as the end of this year, a Leapmotor executive said.

The upcoming Shenzhen auto show will be held from May 29 to June 7.

The Yuan Plus, known as the Atto 3 in overseas markets, is a key global model for BYD.

The new L60 will add a LiDAR-equipped option and feature Nio's in-house developed Shenji NX9031 chip.

The current BYD Seagull starts at 69,800 yuan ($10,260), and the lineup sold 529,537 units in 2025.

Li Auto CEO said making sedans would sacrifice space and comfort, contradicting the brand's core design philosophy centered on "home."

Nio will officially launch and begin delivering the ES9 on May 27, slightly ahead of its management's previously mentioned plan to start deliveries on June 1.

Leapmotor A05 will target the highly competitive compact hatchback market and is expected to offer LiDAR options.

Hyundai is revamping its China product roadmap with the Ioniq brand, planning to launch 20 new NEV models within five years to target a sales volume of 500,000 units by 2030.

Leapmotor plans to launch a new brand in 2027, targeting the high-end EV market priced above 300,000 yuan ($43,970) to boost profitability.