Leapmotor boasts 154% YoY soar in March auto deliveries
Beijing (Gasgoo)- In March 2025, Chinese new energy vehicle maker Leapmotor delivered 37,095 vehicles, marking a 154% year-on-year soar, according to the company's announcement on April 1.
Photo credit: Leapmotor
Notably, during the past month, its flagship C16 SUV model saw its cumulative deliveries surpass 55,000 units.
On March 10, Leapmotor introduced its LEAP 3.5 technology architecture, featuring a globally pioneering super-integrated central domain controller. This "super brain" unifies cockpit, powertrain, and body control, enabling end-to-end intelligent driving. The first model to adopt LEAP 3.5, the B10 SUV, is priced between 109,800 yuan and 139,800 yuan in presales, aiming to drive Leapmotor toward its 2025 sales target of 500,000 units. The B10 SUV is set to officially hit the market and start deliveries on April 10.
Leapmotor also released its 2024 financial report on March 10, reporting annual deliveries of 293,724 vehicles, surpassing its annual sales target. The company achieved 32.16 billion yuan in revenue, representing a 92% year-on-year surge, with a record-high gross margin of 8.4%. Operating and free cash flow turned positive, and cash reserves reached 20.42 billion yuan.
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