Peaceful Mind MY
2026-07-15
Leapmotor (Leapmotor Automotive) is currently jointly held by Stellantis Group and Leapmotor Automotive. Stellantis Group became a strategic shareholder by acquiring a 20% stake in 2023, and subsequently, the two parties established a joint venture, Leapmotor International, with a 51:49 share ratio, which is responsible for business operations in markets outside China. Its first model, the S01, was launched in 2019, followed by the expansion to models such as the T03 and C11. In 2025, its global sales reached 596,000 units, with an annual growth rate of 103%, making it one of the fastest-growing new power brands. Stellantis' equity investment provides the brand with global channel support, such as expanding markets in Hungary and other places through the European dealer Emil Frey Group, while Leapmotor continues to lead technological research and development as well as localized production.