Chinese EV startup Leapmotor has reported a remarkable surge in global vehicle deliveries, with year-over-year growth exceeding 70% in 2026. The company's rapid ascent has been driven by strategic synergies with Stellantis, its largest shareholder an
Chinese EV startup Leapmotor has reported a remarkable surge in global vehicle deliveries, with year-over-year growth exceeding 70% in 2026. The company's rapid ascent has been driven by strategic synergies with Stellantis, its largest shareholder and distribution partner, which has provided Leapmotor access to dealer networks across Europe, South America, and Southeast Asia. Leapmotor's C-series and T-series models have gained particular traction in European markets, where their competitive pricing and competitive range have challenged established European brands. The company recently celebrated the production milestone of 100,000 vehicles in a single quarter. Meanwhile, Volkswagen Group's China operations are reportedly investigating supplier layoffs as competition from Chinese EV brands intensifies in the domestic market. Industry analysts note that Leapmotor's success exemplifies the growing global reach of Chinese EV manufacturers and their increasing competitiveness on the world stage.