Leapmotor Sets Sights on 1M Annual Sales Target for 2026.
In November 2025, Leapmotor delivered 70,327 new vehicles, representing a year-on-year increase of over 75%. This marks the ninth consecutive month of sustained growth for the company.
On November 15, Leapmotor announced that its cumulative sales for the year had surpassed 500,000 units, achieving its 2025 annual sales target ahead of schedule. During the launch event for the Lafa5, the company stated its plan to target an annual sales goal of 1 million units by 2026, aiming to reach new heights.
On the product front, Leapmotor accelerated the completion of its product matrix in November. At the Guangzhou Auto Show held that month, the Leapmotor A01, positioned as a Compact SUV made its debut. Subsequently, the all-new strategic model Lafa5 officially launched, with a limited-time starting price of 92,800 yuan.
In terms of financial performance, Leapmotor’s Q3 2025 financial report also released positive signals: quarterly revenue reached 19.45 billion yuan, a sharp increase of 97.3% compared to the same period in 2024; the gross margin rose to 14.5%, while the company maintained positive operating cash flow and free cash flow.
Currently, Leapmotor has officially completed its “ABCD” product series lineup. Regarding the target of achieving 1 million units in sales by 2026, Leapmotor CEO Zhu Jiangming stated that the B and C series models are expected to contribute 600,000 units in sales, while the A and D series, along with the Lafa5, are projected to account for 400,000 units.
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