NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Investing

China’s Leapmotor reports 26% jump in Q1 deliveries

by April 2, 2026
written by April 2, 2026

Chinese electric vehicle maker Leapmotor reported strong delivery growth in the first quarter.

The strong numbers came even as broader industry data pointed to intensifying competition and uneven demand in the domestic market.

The company delivered 110,155 new energy vehicles during the quarter, marking an increase of nearly 26% from a year earlier.

The performance also represents Leapmotor’s fourth consecutive quarter with deliveries exceeding 100,000 units.

Leapmotor sustains growth momentum

Leapmotor’s continued delivery streak comes amid a period of expansion both domestically and internationally.

While recent monthly sales updates have been limited, the company has been actively scaling its operations by expanding distribution channels abroad, increasing factory capacity, and launching new models in China.

Its partnership with Stellantis has played a key role in extending its global footprint.

The company said it had established more than 800 electric vehicle sales and service points across Europe and over 30 locations in South America by the end of 2025.

In addition, Leapmotor opened an innovation centre in Munich, Germany, in March, as part of its broader push into international markets.

The company and Stellantis are also reportedly in discussions to produce electric vehicles at a Canadian plant, according to Bloomberg.

BYD faces domestic pressure, leans on exports

In contrast, BYD maintained its position as China’s largest electric vehicle seller by volume but reported a sharp decline in quarterly sales.

The company delivered 688,993 vehicles in the first quarter, representing a 30% drop as competition intensified in a slowing domestic market.

Facing weaker demand at home, BYD is increasingly relying on overseas markets to sustain growth.

The company said it aims to sell more than 1 million vehicles internationally this year and reported that exports rose more than 55% year-on-year to 321,165 vehicles in the first quarter.

The shift underscores the broader challenges facing China’s EV sector, where slowing economic conditions and heightened competition are weighing on domestic sales.

Mixed performance across competitors

Other Chinese EV makers reported varied performance in the first quarter, reflecting diverging trends within the sector.

Nio delivered 83,465 vehicles during the quarter, nearly doubling its output from a year earlier, supported by sales of its Onvo and Firefly models.

Xiaomi delivered more than 79,000 vehicles in the quarter, representing a 14.5% increase year-on-year, following upgrades to its SU7 sedan.

Premium EV brand Zeekr reported deliveries of 77,037 vehicles, up 86% from a year earlier, while Xpeng delivered 62,682 vehicles, marking a decline of over 30% compared with the same period last year.

The latest data highlights a shifting landscape in China’s EV market, where strong growth for some players contrasts with declining sales for others.

The post China’s Leapmotor reports 26% jump in Q1 deliveries appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Average U.S. gas price hits $4 for the first time since 2022
next post
QQQ stock rally may be a bull trap: what next for the Nasdaq 100 Index?

You may also like

Are global stocks overlooking rising risks? BoE and...

April 24, 2026

Dow futures tumble 130 points: 5 things to...

April 24, 2026

Elon Musk says Tesla has started producing cybecabs

April 24, 2026

European shares fall as Middle East tensions weigh...

April 24, 2026

Stifel’s top analyst hikes AMD’s target to $320:...

April 24, 2026

Europe stocks slip as Mideast risks weigh on...

April 24, 2026

TSMC hits record high on Taiwan rule shift;...

April 24, 2026

Top FTSE 100 shares to watch next week:...

April 24, 2026

JP Morgan downgrades Indian equities to neutral on...

April 24, 2026

DeepSeek is back with V4: what the new...

April 24, 2026
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!




    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Posts

    • 1

      Gold and Silver: Gold remains stable in the $2420 zone

    • 2

      Oil and natural gas: Oil is back on the positive side

    • 3

      The dollar index continues to pull back to a new low

    • 4

      IonQ Stock Review: Should You Consider Investing Now?

    • 5

      Gold Price Surge Hits $3,385 Amid Trade Tensions

    Recent Posts

    • Are global stocks overlooking rising risks? BoE and investors raise concerns

      April 24, 2026
    • Dow futures tumble 130 points: 5 things to know before market opens

      April 24, 2026
    • Elon Musk says Tesla has started producing cybecabs

      April 24, 2026
    • European shares fall as Middle East tensions weigh on sentiment

      April 24, 2026
    • Stifel’s top analyst hikes AMD’s target to $320: should you buy?

      April 24, 2026

    Categories

    • Economy (20)
    • Editor's Pick (126)
    • Investing (668)
    • Stock (36)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 NewTradingView.com All Rights Reserved.


    Back To Top
    NewTradingView.com – Investing and Stock News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick