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Home/News Feed/Leapmotor's EV deliveries top 100,000 for 4th quarter as BYD's sales drop 30% in Q1 2026
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Leapmotor's EV deliveries top 100,000 for 4th quarter as BYD's sales drop 30% in Q1 2026

Market News
02 Apr 2026
CNBC
View Source
Neutral
pluang ai news

Chinese EV startup Leapmotor delivered 110,155 vehicles in Q1 2026, marking its fourth consecutive quarter exceeding 100,000 units and a 26% year-on-year increase. Meanwhile, market leader BYD saw a 30% drop in deliveries to 688,993 cars in the same period but boosted exports by 55% to over 321,000 vehicles. Leapmotor's in-house production of key components like batteries and powertrains gives it a competitive edge, similar to BYD, allowing higher margins. The company is expanding globally with Stellantis partnership and new innovation centers, aiming to sell 1 million cars in China this year while growing its international presence.

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