China’s Top 10 NEV Sedans in September: Leapmotor Surges, Xiaomi Falls to Fifth
With the “Golden September and Silver October” sales season underway, how did the leading NEV sedans perform?
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With the “Golden September and Silver October” sales season underway, how did the leading NEV sedans perform?
Their total shares acquired amounted to 3,243,500 H shares at an average price of HK$63.19 ($8.21) per share, involving a total value of approximately HK$200 million ($26.0 million).
Amid the intensifying “elimination competition” in the new energy vehicle (NEV) market, Leapmotor has gained both strong sales performance and market recognition. Against this backdrop, its model D19 will continue to adopt Leapmotor’s cost-based pricing logic to drive market growth.
2026 will mark the full rollout of Leapmotor’s product matrix. Beyond the current B-Series, Lafa 5 and C-Series, the D-Series will add 2–3 new models while the A-Series will introduce two vehicles.
Leapmotor unveils D19 flagship SUV with 720 km range, tri-motor AWD and 1,280 TOPS computing, aiming at ONVO L90 and Li Auto L9 in the RMB 300k segment.
Horse aims to become the world’s largest producer of engines and hybrid systems by 2035 and has already developed hybrid powertrains for Renault and Geely.
In September, China exported 211,000 NEVs, up 96.5% year-on-year, accounting for roughly 40% of total passenger car exports.
Expected range would stay at around 165km using the existing 37.3kWh battery.
Since the tariff took effect, sales of BEVs in Canada have fallen 39.2% YoY, PHEVs declined 2.2%, and only HEVs bucked the trend, posting a 60.7% increase.
The Leapmotor Lafa5 will be officially released in mainland China in the fourth quarter of this year.