Leapmotor Sales Data, Trends & Analysis for the Chinese Automotive Market
Leapmotor is a Chinese EV brand (Chinese name Ling Pao), established in 2015, although production of their first vehicles didn’t start until 2020. Leapmotor doesn’t have its own production licence, so its vehicles are produced by Hangzhou Changjiang Automobile. This company has produced commercial buses since 1954. We have sales figures for the Leapmotor S01, T03 and any other car model produced and sold in China since the early 2000’s. Car sales statistics from China only include domestic production and exclude imported models.
Leapmotor is one of the most popular electric vehicle brands in China. The company’s sales have grown rapidly in recent years. Leapmotor’s vehicles are known for their stylish design, advanced technology, and competitive pricing. Leapmotor cars are a good option for consumers who are looking for a stylish, technologically advanced, and affordable electric vehicle. The brand’s cars also offer comfortable interiors and a good dealer network, making them a good choice for families and budget-minded buyers alike.
Leapmotor China Sales Figures & Recent Highlights
Leapmotor is an emerging Chinese electric vehicle (EV) brand, founded in 2015, with its headquarters in Hangzhou, Zhejiang Province. As one of the newer entrants into China’s bustling EV market, Leapmotor has been focusing on developing smart, connected electric vehicles with an emphasis on technological innovation.
Leapmotor pays significant attention to integrating advanced technologies into its vehicles. This includes autonomous driving features, smart connectivity, and an intelligent infotainment system. Leapmotor has introduced a few models to the market, including the S01 (a compact electric coupe) and the C11 (an electric SUV). The vehicles have been designed to cater to the preferences of the modern urban Chinese consumer, offering a blend of style, technology, and performance at competitive prices.
Leapmotor has managed to attract significant investments to fuel its growth. Several tech companies and venture capital firms, recognizing the potential of the EV market in China, have invested in Leapmotor. Leapmotor aims to distinguish itself in the crowded Chinese EV market through its strong emphasis on smart technology and user experience. The brand’s vision revolves around not just creating electric vehicles but providing a comprehensive smart mobility solution for its users. The company has plans for further R&D investments, aiming to introduce more models with advanced features, longer driving ranges, and enhanced autonomous driving capabilities.
As with many startups in the Chinese EV sector, Leapmotor faces intense competition. Apart from local competitors like NIO, XPeng, and BYD, global brands such as Tesla are also vying for a significant share of the Chinese market.
Leapmotor Annual Sales Data and Market Share in China
Below we have a table that shows total Leapmotor sales volumes for the Chinese automotive market, broken out by year. This data captures all Leapmotor vehicle sales for the entire Chinese automotive market.
Year | Sales | YOY Change | Marketshare | Marketshare Change |
---|---|---|---|---|
2020 | 10,540 | 0.00 | 0.06 | 0.00 |
2021 | 44,906 | 326.05 | 0.22 | 74.61 |
2022 | 111,168 | 147.56 | 0.54 | 58.67 |
Leapmotor China Annual Sales Units & Growth Chart
Below is a visual representation of Leapmotor China sales units over time. We have both the Leapmotor sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Leapmotor China Growth Rate & Market Share Chart
Below is the annual growth rate for the Leapmotor brand in China, shown against the Leapmotor’s marketshare changes in China. This gives you a good look into how Leapmotor has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Leapmotor Cars & SUVs in China
COMING SOON
Sources: Manufacturers, ANDC, JATO Dynamics.