Leapmotor delivered a record 106,127 vehicles in October. That is up 50.99% from a year earlier and only 0.45% above September's 105,656. CnEVPost notes that both growth rates slowed from September.

The 1 million question

Leapmotor has delivered 772,666 vehicles so far this year, up 65.88% and 77.27% of its 1 million target. To get there, it needs 227,334 more in November and December, or about 113,667 a month. Inside China Auto says, "we wouldn't bet against it."

Going abroad with Stellantis

  • Mass production of the B10 began at Zaragoza, Spain, in October. A battery plant in Mallén handles module assembly.
  • The A10 compact SUV, sold as the B03X internationally, launched in Thailand on Oct. 30.
  • Overseas sales run through Leapmotor International, its joint venture with Stellantis, which owns 51%.

Leapmotor says its cumulative global deliveries passed 1.9 million at the end of October. It expects its 2 millionth vehicle to roll off the line in November. Its lower prices make it one of the sharpest competitors to Tesla in China's mass market.