Leapmotor sets new record with 50,129 vehicles delivered in July
In a significant move, Chinese electric vehicle (EV) manufacturer Leapmotor has raised its sales targets for 2025, aiming to sell between 580,000 and 650,000 units, up from an earlier target of 500,000 units [2][3][4]. This ambitious goal reflects the company's strong sales growth, financial health, and confidence in continued expansion.
Record-Breaking Deliveries
Leapmotor's sales growth is evident in its delivery data. In July, the company delivered 50,129 vehicles, setting a new record for the third consecutive month and a year-on-year increase of 126.90 percent from 22,093 units in July 2022 [1]. Moreover, the company's year-to-date deliveries have reached 271,793 vehicles, representing a year-on-year increase of 149.84 percent.
The Launch of the B01 Electric Sedan
A significant contributor to Leapmotor's success is the launch of its new model, the B01 electric sedan. The B01, which targets a market segment with lower prices and higher sales volumes than the C series, was launched on July 24 with a starting price of RMB 89,800 ($12,460) [1]. Within 72 hours of its launch, the B01 received 10,132 pre-orders [1].
On July 30, the 10,000th B01 rolled off the production line, less than a week after the model's launch [1]. This milestone underscores the strong demand for the B01 and Leapmotor's production capabilities.
Leapmotor's Growth and Financial Health
Leapmotor's financial health is also improving. The company reported revenues surged by over 170% year-over-year in H1 2025, and it swung from a net loss to a net profit of 30 million yuan (~4.2 million USD) during this period [2][4]. This indicates that Leapmotor is not only growing in sales but also in financial stability.
Looking Ahead
For 2026, Leapmotor has set an even more ambitious sales goal of 1 million vehicles, reflecting its confidence in continued expansion fueled by new models, overseas market growth, and increased marketing [2][4]. Overseas sales targets for 2025 are estimated at 50,000 to 80,000 units, contributing to the overall growth strategy [2].
| Year | Sales Target/Delivered Units | Notes | |----------------|------------------------------------|---------------------------------------------------| | 2024 | Approx. 290,000 units sold | Previous annual sales baseline | | H1 2025 | 221,664 - 221,700 units delivered | 44-45% of original 500k target, +155% YoY growth | | 2025 Target | Raised to 580,000 - 650,000 units | Increased from earlier 500,000-600,000 range | | 2025 Overseas | 50,000 to 80,000 units | Overseas sales contributing to total | | 2026 Target | 1,000,000 units | Indicates strong confidence in future growth |
Leapmotor's rapid sales growth, increasing profitability, and expanding targets mark it as a rapidly ascending player in the Chinese and global new energy vehicle market [1][2][3][4][5]. The company's stock is publicly traded under the symbol HKG: 9863.
[1] Leapmotor. (2023). Leapmotor Delivers 50,129 Vehicles in July, Breaking Monthly Record for the Third Consecutive Month. Retrieved from https://www.leapmotor.com/en/news/leapmotor-delivers-50129-vehicles-in-july-breaking-monthly-record-for-the-third-consecutive-month
[2] Leapmotor. (2025). Leapmotor's H1 2025 Revenues Surge by Over 170% Year-Over-Year, Swinging from a Net Loss to a Net Profit of 30 Million Yuan. Retrieved from https://www.leapmotor.com/en/news/leapmotors-h1-2025-revenues-surge-by-over-170-year-over-year-swinging-from-a-net-loss-to-a-net-profit-of-30-million-yuan
[3] Leapmotor. (2025). Leapmotor Raises 2025 Sales Target to Between 580,000 and 650,000 Units. Retrieved from https://www.leapmotor.com/en/news/leapmotor-raises-2025-sales-target-to-between-580000-and-650000-units
[4] Leapmotor. (2025). Leapmotor Delivers 271,793 Vehicles Year-to-Date, Representing a Year-on-Year Increase of 149.84 Percent. Retrieved from https://www.leapmotor.com/en/news/leapmotor-delivers-271793-vehicles-year-to-date-representing-a-year-on-year-increase-of-14984-percent
[5] Leapmotor. (2023). Leapmotor Launches the B01 Electric Sedan with a Starting Price of RMB 89,800. Retrieved from https://www.leapmotor.com/en/news/leapmotor-launches-the-b01-electric-sedan-with-a-starting-price-of-rmb-89800
Read also:
- Musk threatens Apple with litigation amidst increasing conflict surrounding Altman's OpenAI endeavor
- Innovative Garments and Accessories Producing Energy: Exploring Unconventional Sources for Renewable Power
- Latest Automotive Update, August 13: Introducing Ola Electric's latest scooters, MG Windsor EV sales hitting new highs, Mahindra BE 6 teaser unveiled, and more...
- Digital Commerce Giant Clips Unveils Its Latest Offering, Clip Ultra, Fortifying Its Dominance in Mexico's Market
