
Leapmotor
Founded Year
2015Stage
IPO | IPOTotal Raised
$1.761BDate of IPO
9/29/2022About Leapmotor
Leapmotor (9863.HK) manufactures intelligent electric sports cars and auto parts. Its flagship autonomous driving system offers 360-degree vision and autonomous driving features. The company was founded in 2015 and is based in Hangzhou, China.
Research containing Leapmotor
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Leapmotor in 1 CB Insights research brief, most recently on Sep 23, 2021.
Expert Collections containing Leapmotor
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Leapmotor is included in 2 Expert Collections, including Auto Tech.
Auto Tech
3,866 items
Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.
Unicorns- Billion Dollar Startups
1,221 items
Latest Leapmotor News
Sep 15, 2023
James GeldingCarExpert Another Chinese electric vehicle (EV) startup, Leapmotor, wants to expand beyond China with a range of new vehicles developed with export markets in mind. Leapmotor will expand its presence in Europe with the mid-sized C10 electric SUV, revealed at the 2023 Munich motor show, and plans to enter various other markets, too. “With the arrival of our first global product based on LEAP3.0 architecture, the C10, all of Leapmotor’s subsequent products will be designed and developed with a global mindset and adhere to global standards,” said Zhu Jiangming, Leapmotor’s founder, chairman and CEO. “In the next two years, Leapmotor will introduce five globally-oriented products in Europe, Asia-Pacific, the Middle East, the Americas, and other regions, offering intelligent mobility experiences to automotive consumers worldwide.” Camera Icon Supplied Credit: CarExpert AutoExpress reports the C10 will be sold in the UK some time after 2024 as the company needs more time to develop right-hand drive models. It’s unclear if other right-hand drive markets like Australia could follow. The C10 is set to be offered in both fully electric and range extender variants, with the option of five- or six-seat configurations. Built on the new Leap 3.0 architecture, the C10 will reportedly be offered with a rear-wheel drive powertrain producing 170kW of power and 320Nm of torque, and an all-wheel drive powertrain with 250kW and 360Nm. Battery size is yet to be confirmed along with range estimates. Despite Leapmotor being a young company, it’s debuting the C10 and Leap 3.0 platform with some innovative technology. This includes individual battery cells bolted to the chassis instead of one large battery pack, which is said to improve thermal efficiency. There’s also a central ‘supercomputing’ platform that integrates drive and body modules into one unit, oil-cooled electric motors featuring new semiconductors with high-voltage elements leading to a motor with increased power density, and an “intelligent cockpit system” driven by a Qualcomm Snapdragon 8295 computer chip. Camera Icon Supplied Credit: CarExpert A comprehensive active safety suite is powered by a roof-mounted LiDar unit and high-resolution cameras, and Leapmotor promises Level 3 autonomous driving ability. Leapmotor has already started sales of its first car in Europe, selling the T03 hatchback in France. It sold 1000 cars in China in 2019 which ballooned to more than 111,000 cars in 2022. The fledgling startup has attracted the attention of automotive giants such as Stellantis and Volkswagen. Stellantis is reportedly looking at investing in a local EV firm to establish a business partnership that would help it grow in China while Volkswagen is also considering a partnership with the brand. Leapmotor was founded in 2015 and already offers a range of four electric vehicles. Its first vehicle was the S01 electric coupe in 2017, later joined by the mid-sized C11 SUV, C01 sedan and T03 city car.
Leapmotor Frequently Asked Questions (FAQ)
When was Leapmotor founded?
Leapmotor was founded in 2015.
Where is Leapmotor's headquarters?
Leapmotor's headquarters is located at No.451 Wulianwang St, Hangzhou.
What is Leapmotor's latest funding round?
Leapmotor's latest funding round is IPO.
How much did Leapmotor raise?
Leapmotor raised a total of $1.761B.
Who are the investors of Leapmotor?
Investors of Leapmotor include China Capital Investment Group, CITIC Dicastal, Hangzhou Capital, China Capital Management, Guosen H&S and 17 more.
Who are Leapmotor's competitors?
Competitors of Leapmotor include WM Motor and 4 more.
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