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Stock impact report

China's Leapmotor targets annual sales of more than 4 million units in a decade [Yahoo! Finance]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Yahoo! Finance
Leapmotor aims to sell 1 million cars in 2026, supported by ?a global expansion strategy in partnership with Stellantis, Zhu said in Hangzhou, where the company is based. He ?also said the company would launch a premium vehicle lineup priced above 250,000 yuan ($34,300). The 10-year-old automaker has had success in China's brutal automotive sector, with rapid growth in sales volume and improvement in profitability throughout 2025. With its best-selling C10 electric SUV priced from 142,800 yuan, Leapmotor has ?also been eroding the market ?share of industry leader BYD in terms of EVs priced under $25,000. Leapmotor's domestic sales almost doubled during the first 11 months of 2025, reaching 482,447 ?pure electric and plug-in hybrid vehicles, according to data from the China Passenger Car Association. In contrast, BYD's domestic sales declined 5.1% to 3.1 million units during the same period. Zhu, an electronic engineer and ?co-founder of surveillance equipment maker Dahua Techno Show less Read more
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