FAW Takes 5% Stake in Leapmotor with $533 Million Private Placement
After completion, the newly issued domestic shares will account for 20.47% of Leapmotor’s expanded domestic share capital and 5% of its total enlarged issued share capital.
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After completion, the newly issued domestic shares will account for 20.47% of Leapmotor’s expanded domestic share capital and 5% of its total enlarged issued share capital.
From January to October 2025, China sold 27.65 million vehicles, up 12% YoY, representing 34.9% of global auto sales.
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.