On Jan 1, Leapmotor reported its December and full-year 2025 sales. December sales topped 60,000 vehicles — a 42% gain from a year earlier; for the year, sales came in at 597,000, up 103%.
In a recent 10th-anniversary internal letter, Chairman Zhu Jiangming had signaled that full-year sales were nearing 600,000 and that the company was on course to deliver an annual profit. In 2025, Leapmotor posted profits for three straight quarters, with cumulative net profit of RMB 180 million.
Image source: Leapmotor
Looking back at 2025, Leapmotor in March struck a strategic partnership with FAW Group to pool R&D strengths and sharpen product competitiveness, enabling end-to-end resource coordination. At the end of December, FAW and Leapmotor signed an investment agreement. Under the deal, a FAW subsidiary will invest about RMB 3.744 billion to subscribe to Leapmotor’s new share issuance; after closing, it will hold about 5%, becoming an important strategic shareholder.
The signing marks an upgrade, since the strategic intent reached in March, from technical collaboration to deep integration across capital, technology and production.
On the product and technology side, Leapmotor last March unveiled its LEAP 3.5 technology and kicked off B10 pre-sales, showcasing advances in smart cockpits, driver assistance, and the battery–motor–power electronics stack. Over the year it launched the Leapmotor B10, B01, the all-new C11, and the strategic new model Lafa5.
On June 11, Leapmotor entered the Hong Kong market as its 1,500th store worldwide opened. On September 25, its 1 millionth vehicle rolled off the line.
In 2026, Leapmotor will target 1 million in sales and, in its words, will "stay true to its original mission and push toward the goal of a 'world-class smart EV company.'"
