Leapmotor, the low-cost Chinese outsider that also challenges BYD

Leapmotor, the low-cost Chinese outsider that also challenges BYD

Leapmotor, the Chinese low-cost electric car company founded by Zhu Jiangming, is growing at a frenetic pace in China and rapidly expanding abroad thanks to its partnership with Stellantis, aiming for one million sales in 2026 and to enter the top ten global manufacturers. As competition in the electric car market heats up, with BYD overtaking Tesla in 2025, a lesser-known but rapidly growing name is gaining traction: Leapmotor. The story of thi…