Industry dynamics

Leapmotor releases new product launch plan for 2022-2024

Publishtime:2019/08/16 Views:8

Shanghai (ZXZC)- Leapmotor recently unveiled the new product roll-out plan it set for the year of 2022 to 2024. According to the schedule, the Chinese EV startup plans to launch two or three all-new and refreshed models per year, which encompass sedans, SUVs, and MPVs.

Specifically, the company intends to release in 2022 the AWD (all-wheel drive) and the REEV (range-extended electric vehicle) versions of the C11, a facelift and the version for export of the T03, and the C01, an all-new full-electric sedan. The C12’s all-electric version (5-/6-seater) and the fire new compact SUV A11 are expected for launch in 2023. Moreover, the C02 sedan, the C13’s REEV and BEV (battery electric vehicle) versions, and the C21 range-extended MPV will be rolled out in 2024.

Leapmotor releases new product launch plan for 2022-2024

Leapmotor C11; photo credit: Leapmotor

For the first half of this year, Leapmotor put the S01 “Kuwan” (meaning “coolplay”) two-door coupe and the T03 400 “Shuxiang” (meaning “comfort and enjoyment”) version onto the market in early February and late June respectively. Besides, the presale of its third mass-produced model, the C11, kicked off on Jan. 1.

Zhu Jiangming, founder and chairman of Leapmotor, said in an internal letter that the company is ambitious to crack the top 3 Chinese EV startups in 2023 and obtain 10% share of domestic new energy vehicle market in 2025. The startup expects more hotter-selling models to help it achieve the goal.

Leapmotor's new car deliveries reached 3,941 units last month, rocketing 893% year on year, while growing 23% month on month. By the end of June 2021, the startup's cumulative deliveries amounted to 21,744 units.

The automaker saw its monthly order volume climb 9% from the previous month to 4,107 units in June, which resulted in a total of 21,515 units in year-to-date orders.