For the full year 2024, Leapmotor delivered 293,724 vehicles, above its target of 250,000 units.
Leapmotor (HKG: 9863) delivered a record 42,517 vehicles in December, marking the second time the company has delivered more than 40,000 vehicles in a single month and the seventh consecutive record month, according to data released today.
This is up 128.37 percent from 18,618 in the same month last year and up 5.85 percent from 40,169 in November.
In the fourth quarter, Leapmotor delivered a record 120,863 vehicles, an increase of 118.45 percent year-on-year and up 40.27 percent from the third quarter.
For the full year 2024, Leapmotor delivered 293,724 vehicles, up 103.76 percent from 2023.
The company reached its full-year 2024 target of 250,000 units delivered ahead of schedule in November.
In 2025, Leapmotor is targeting 500,000 deliveries for the full year, it said today, repeating the previously mentioned figure.
By the end of December, the company had delivered a total of 599,548 vehicles since its inception, according to data compiled by CnEVPost.
Founded in 2015, Leapmotor is one of the first new car-making forces in China, which initially offered only battery electric vehicle (BEV) models but in the past few years began offering extended-range electric vehicle (EREV) models, targeting a larger market.
The company currently sells the T03, C01, C10, C11 and C16 in China, with all but the T03 offering both BEV and EREV variants.
Leapmotor showcased the new model B10 on November 15, the first day of the 2024 Guangzhou auto show, saying the official launch would be in the first quarter of 2025.
The all-electric SUV is the first to be built on the Leap 3.5 architecture and is the first model in the company’s B-series, a diversified lineup that Leapmotor said would target the world’s largest market segments.
The B-series is Leapmotor’s globalized strategic platform that encompasses a wide range of products, including SUVs, sedans, and hatchbacks, with three products set to be released in 2025, Leapmotor previously said.
Leapmotor B10 makes domestic debut, to hit market in Q1 2025
