Leapmotor

China-EU Consultations Signal Easing as Four Automakers Chart Different Paths

The second regular meeting of the China-EU Trade and Investment Consultation Mechanism was held in Beijing from October 8 to 9. The two sides reached an understanding on hybrid vehicle trade and agreed to advance price undertakings and review procedures in the electric vehicle anti-subsidy case. On October 14, Changan, Leapmotor, Dongfeng and GAC successively expressed support, but their European focuses vary: Changan stressed localization "in Europe, for Europe"; Leapmotor said it has established more than 1,000 outlets in 36 countries and entered local manufacturing; Dongfeng focuses on compliance and taking hybrid technology overseas; and GAC is deepening local cooperation. Industry insiders believe trade costs remain a key variable in automakers' European investment decisions.

1991 day ago

Leapmotor Advances European Localization: B10 Pre-Production in Spain, B03X Launched in Italy at €19,900

In September 2026, Leapmotor began pre-production of the B10 compact battery-electric SUV at Stellantis's Zaragoza plant in Spain, using local content to avoid EU tariffs; at the same time, it launched the B03X small electric SUV in Italy at 19,900 euros to enter Europe's entry-level market. European BEV registrations in August reached 202,833 units, up 54.2% year on year, with a 30.5% market share. Chinese automakers' European localization paths are diverging: BYD tends to build multiple bases itself, while Leapmotor leverages Stellantis's production capacity.

45528 days ago

BYD May Join China-U.S. Summit Business Delegation; Overseas Signals Awaited

People familiar with the matter say BYD may be included in the Chinese corporate delegation for the China-US summit, but this has not yet been officially confirmed. In the European market, BEV registrations in 16 core markets reached 202,800 in August, up 54.2% year on year, with market share rising to 30.5%; cumulative registrations in the first eight months exceeded 1.67 million. Leapmotor is pre-producing the B10 at Stellantis's Zaragoza plant in Spain, using local content to circumvent EU tariffs; BYD plans to build three vehicle assembly plants and one battery plant in Europe, with trade policies and export channels adjusted in tandem.

40528 days ago

Volkswagen Exports China-Made Cars to Africa, GM May Follow as Capacity Allocation Shifts

The decline in China's light vehicle demand is driving multinational automakers to adjust their global production capacity allocation. On September 11, FAW-Volkswagen launched sales in Madagascar, becoming the first multinational automaker to export China-made vehicles to Africa. In August, BEV registrations in 16 core European markets reached 202,833 units, up 54.2% year on year, with their share rising to 30.5%. BYD plans to build three vehicle plants and one battery plant in Europe, while Leapmotor uses Stellantis's Spanish plant for localized production to avoid tariffs. The UK faces pressure from EU tariffs and rules of origin, and Nissan, McLaren, and Yokohama are simultaneously adjusting capacity and supply chains.

41129 days ago

Europe BEV Penetration Rises to 30.5%, BYD Plans Three Vehicle and One Battery Plant in Europe

In August, BEV registrations in 16 core European markets reached 202,833 units, up 54.2% year on year, with a 30.5% share; cumulative registrations in the first eight months exceeded 1.67 million units, up 33.1% year on year. BYD has made clear that in the long term it needs to build three vehicle plants and one battery plant in Europe, is starting its Hungarian plant and plans to finalize a second site by the end of the year, preferring acquisition and conversion, with Spain and France as priorities. Leapmotor is pre-producing the B10 at Stellantis's Spanish plant and has pushed down to 19,900 euros with the B03X, as Chinese automakers advance localized production while jockeying over tariff rules in parallel.

35629 days ago

After 7.098 Million Vehicle Exports, Chinese Auto Globalization Enters Deep Water

In 2025, China's automobile exports reached 7.098 million units, a year-on-year increase of 21.1%, of which new energy vehicle exports reached 2.615 million units, a year-on-year increase of 103.7%. The industry's focus is shifting from export scale to the depth of globalization. The degree of openness of overseas markets varies significantly. Chinese automakers are advancing globalization through local factory construction, product portfolios, and ecosystem-based operations. According to statistics from Gasgoo Automotive Research Institute, the planned annual overseas production capacity of Chinese automakers increased from about 3.44 million units in 2023 to nearly 6.85 million units in 2026.

55229 days ago

Huawei, JAC and Maserati in talks for cooperation: Chinese intelligent driving platform may enter ultra-luxury ranks under a “dual-brand” model

Reuters reported that Stellantis is in negotiations with Huawei and JAC Motors over a long-term cooperation for Maserati, intending to adopt Huawei’s Harmony Intelligent Mobility platform. The first jointly developed model targets production before the end of 2027 and may adopt a dual-brand model: MAEXTRO in the Chinese market and Maserati in overseas markets. Maserati’s global shipments in 2025 were less than 8,000 units, with an adjusted operating loss of €198 million. Improving capacity utilization at the Cassino and Modena plants is Stellantis’s core demand.

33836 days ago

NEV Sales Exceed 1 Million in August, BYD Leads with 440K Units

In August 2026, China's new energy passenger vehicle sales reached 1.08 million units, up 42% year-on-year. BYD sold over 440,000 units in a single month, while Li Auto, Xpeng, and Leapmotor also achieved record monthly deliveries as industry competition intensifies.

24438 days ago

Leapmotor A10 Hits 91,935 Units, Topping 2026 New Car Sales Charts

The first half of 2026 saw a staggering 576 new vehicle series hit the Chinese market — roughly 3 new models per day. In this hyper-competitive landscape, the Leapmotor A10 has emerged as the undisputed champion among 2026-launched models, accumulating 91,935 retail units through July and recording 26,424 sales in July alone — nearly double the second-place finisher.

40039 days ago

Leapmotor Overtakes Tesla with 103,129 Units in August NEV Rankings

China's August 2026 new energy vehicle wholesale rankings have revealed significant shifts in the competitive landscape. BYD continues its dominance with 433,384 units, while Leapmotor achieved a historic breakthrough by surpassing Tesla with 103,129 wholesale units to claim fourth place. The overall market remains robust, with CPCA estimating August NEV passenger vehicle wholesale volume at 1.51 million units, up 16% year-over-year and 4% month-over-month.

37139 days ago

Seres NEV Sales Plunge 43.96% in August, AITO Slowdown Sparks Concern

In August 2026, Seres Group reported NEV sales of 24,244 units, a steep year-on-year decline of 43.96% — a sharp contrast to the overall growth trajectory of China's NEV market. The core AITO brand saw an even more severe drop of 49.68%, while cumulative NEV sales for January-August fell 12.58%. Against the backdrop of BYD exceeding 440,000 units and Leapmotor surpassing 100,000 in August, Seres' correction has triggered deep discussion about its product cycle timing and competitive strategy.

40339 days ago

BYD Leads August NEV Sales with 433K Units, Leapmotor Surpasses Tesla for First Time

August NEV wholesale sales are estimated at 1.51 million units, up 16% YoY. BYD dominates with 433,384 units, while Leapmotor overtakes Tesla China for the fourth place, highlighting deepening polarization among new forces.

50339 days ago

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