6 Articles
6 Articles
Leapmotor rebounds in Q1 on strong EV sales, but Europe remains a looming test
Leapmotor, a Hong Kong-listed electric vehicle maker backed by Stellantis, has significantly narrowed its net loss for the first quarter of 2025 as revenue surged and gross margins reached an all-time high, underlining the company’s shift toward financial discipline and operational scale. Revenue for the quarter reached RMB 10.02 billion (USD 1.4 billion), up 187.1% from the same period a year earlier. Gross margin improved to 14.9%, a sharp rev…
Evans Halshaw to represent Leapmotor in Hull and Leeds
Leapmotor has joined Evans Halshaw Citroën Leeds and Evans Halshaw Vauxhall and Peugeot Hull. Both dealerships provide customers with access to Leapmotor’s EV lineup, including the compact T03 and the C10 SUV which are both available for 24-hour test drives. Steve Spicer, Group Vice President of Stellantis at Evans Halshaw, said: “We’re excited to lead the way in this next chapter of the UK’s electric vehicle market. “Our customers trust Evans H…
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