Leapmotor Claims Four Product Lines Valued Over RMB 200 Billion, Accelerates Global Expansion

Leapmotor founder, Chairman, and CEO Zhu Jiangming stated that the company's value has been severely undervalued by the market. He noted that Leapmotor operates four major product lines—complete vehicle manufacturing, electronics (including automotive lighting and cockpit/ADAS product lines), electric drive systems, and batteries—and that each of these product lines alone could be valued at RMB 50 billion, implying a total valuation exceeding RMB 200 billion. Recently, Leapmotor’s B10 model completed local certification in Mexico and has begun deliveries, marking the brand’s official entry into the North American market. Prior to its launch, the B10 underwent localized adaptation and validation at Stellantis’ automotive engineering and R&D testing center in Mexico. This facility offers comprehensive testing capabilities covering whole-vehicle evaluation, emissions, materials, and powertrain systems. All vehicles sold in Mexico must undergo over a year of multidimensional testing across complex environments—including high-altitude regions, deserts, and rainforests—and obtain compliance with local regulatory standards. The B10 has already successfully completed all required tests and entered the market validation phase, with the C10 and C16 models set to follow sequentially. To date, Leapmotor has established more than 2,000 sales and service outlets across over 40 countries and regions, with overseas sales accounting for an increasingly significant share of its total volume.