The Hangzhou-based carmaker, backed by Fiat owner Stellantis, has also raised its overseas sales target by 50 per cent, betting that higher fuel costs and easing trade barriers will bolster demand for Chinese-made EVs.
“None of Chinese EV makers will ignore opportunities offered by overseas markets,” said Qian Kang, who runs a Zhejiang-based supplier of vehicle circuit boards. “Leapmotor’s goal of gaining a foothold in markets like Europe is a result of the rising popularity of Chinese EVs worldwide.”
Advertisement
Founder and CEO Zhu Jiangming said this week that deliveries outside China could exceed 150,000 units in 2026, up from a previous target of 100,000 set in December. Total sales this year are expected to surpass 1 million vehicles, a 40 per cent increase from 2025.

Last month, Leapmotor opened its first overseas research and development hub in Munich, aimed at tailoring models to international customers.
Advertisement
It is also in talks with Stellantis to use the European carmaker’s idle assembly plant in Brampton, Ontario, near Toronto, according to Bloomberg. The company declined to comment on the potential Canadian venture.

Don't Miss:
-
Israel targets ‘terrorist’ in southern Syria; Damascus condemns attack
-
7 dead in UK after vehicle travelling in wrong direction hits police car
-
Ukrainian drones kill at least 10, hit warehouse of Russian online retailer Ozon
-
Canada’s PM hits back with new US tariffs after trade talks fail
-
Elderly woman allegedly pressured into spending HK$100,000 on beauty products

After Years of Waiting, Noel Tata Presides Unchallenged over India’s Biggest Business
Despite years of confiscations, the Met still holds hundreds of pieces linked to alleged trafficking and looting figures
Ex-Evergrande Boss Hui Ka Yan gets Life in Prison