At the beginning of the new year, Leapmotor announced the latest delivery data: in December 2023, Leapmotor delivered 18,618 units, a record high, and achieved a year-on-year increase of more than 119%.The cumulative delivery volume of the year reached 144155 units, a year-on-year increase of nearly three percentSince its establishment, it has delivered more than 300,000 units, and its position as a new force has become increasingly stable.
Since the release of the "Family Bucket" product in March this year, Leapmotor has achieved stable market growth. Since May, the monthly sales volume of Leap has continued to exceed 10,000, continuously refreshing the new high of delivery, ranking in the top three or even the top two in the sales list of new forces for many months, and the product competitiveness of "high price-to-price ratio and leapfrog configuration" has been fully verified. In 2023, Leapmotor has successively completed the double breakthrough of delivering more than 200,000 units and more than 300,000 units.
The first 100,000 units of Leap took 3 years, the second 100,000 units were shortened to 1 year, and the third 100,000 units took less than half a year, fully reflecting the acceleration of this year's development. The excellent market performance is due to the accumulation of self-developed technologies in the whole domain, which has enabled Leapmotor to continue to reduce costs and increase efficiency, and has the ability to achieve luxury equality with technological innovation, redefining the selection criteria for 150,000-200,000 new energy vehicles.
Based on a keen insight into market trends, in 2023, Leapmotor will step into the extended range track on the basis of providing pure electric models, becoming the only brand of pure electric + extended range new energy dual-power models on sale among the leading new forces "Wei Xiaoli Zero Four Dragons", to better meet the diverse travel needs of users. In order to help range extender users achieve a higher proportion of electricity consumption and lower vehicle costs, the Leapmotor C series "Super Range Extender" has a CLTC pure electric range of up to more than 300 kilometers, allowing users to choose between frequent charging and forced refueling. At the same time, in terms of configuration, it has also shown the advantage of leapfrogging, setting a new benchmark for the market value of 15-200,000 new energy, which has significantly improved the competitiveness of Leapmotor in the mass consumer market.
While deeply cultivating the domestic market, Leaprun actively and continuously expands overseas markets based on a global vision, and builds an internationally competitive brand around global self-development. Starting from the 2023 Munich Motor Show, Zero Run has entered a new stage of global development. Relying on the technology and product competitiveness brought by global self-development, Leapmotor has ushered in the investment and cooperation of Stellantis Group, a heavyweight global strategic partner. This hand-in-hand has become the first cooperation project between a new force and a multinational giant in China, which is considered by the industry to have opened a precedent for China's reverse joint venture and created a new model of global development of asset-light going overseas.
With the increase in sales, the change of the main sales model from the past T03 to the higher-priced C11 and C01, as well as the continuous cost reduction and efficiency increase, Leapmotor achieved the goal of turning gross profit into positive in the third quarter of 2023 ahead of schedule under the condition that the product pricing is very competitive. This means that Leapmotor has significantly improved its cost control ability, and has begun to have self-hematopoietic ability, and its fundamentals continue to improve. At the same time, through the strategic cooperation with Stellantis Group, the market value of Leap once hit a new high, which greatly boosted the confidence of investors.
On January 10, Leapmotor will hold the "2024 Global Self-Research Open Day" event and release the latest "Technology Family Bucket" - LEAP30 The latest achievements of the six modules of technology;At that time, it will be equipped with LEAP3The C10, a new model of Leapmotor with 0 technology, will also be available for pre-sale, which is expected to become a new hit model leading the popular new energy consumer market, helping Leapmotor achieve higher sales results in 2024, further consolidating its position in the first-tier new energy market, and continuing to create maximum value for users' travel and life.