In the first half of 2025, Leapmotor delivered 221,664 vehicles, achieving 44.33% of its 500,000 unit sales target for the year. The company’s revenue increased by 92.0% in 2024 and 187.1% in Q1 2025, with a gross profit margin improvement from 8.4% to 14.9%. Despite a net loss of RMB 130 million in Q1 2025, Leapmotor’s R&D expenditure increased by 53.8% to RMB 800 million. Leapmotor leads in NEV sales, with a comprehensive product portfolio priced between RMB 60,000 and RMB 300,000. The company plans to introduce new models to drive continued growth, with Q2 2025 revenue projected to surge 156.61% YoY.

Read more at GlobeNewswire: MoonFox Data | Leapmotor Financial Report Analysis: Strong