Leapmotor
Leapmotor launches two-door coupe for only $20k
The S01 CoolPlay Edition is a two-door, four-seat coupe priced from RMB 130,900 ($20,270) after subsidies, with a limited edition of 200 units.
The city that gave Nio a lifeline to invest $308 million in another EV startup
Leapmotor is raising a Pre-IPO round at a valuation of more than 22 billion yuan ($3.4 billion), and the city of Hefei has made its investment intentions clear, 36kr said.
Hefei, which saved Nio from brink of bankruptcy, is backing another EV maker
With the success of its investment in Nio, the central Chinese city of Hefei has become more bullish on the new energy vehicle industry and is throwing its weight behind another promising new energy vehicle company.
Leapmotor acquires traditional automaker to gain production qualification
Chinese EV startup Leapmotor has acquired Fujian New Forta Automobile Industry Co., Ltd. in a move that the industry believes is intended to solve its production qualification issue.
Chinese EV start-up Leapmotor to release upgraded version of LP-S01
Leapmotor, co-founded by surveillance equipment maker Dahua Technology, said it will release an upgraded version of the LP-S01 460 version in the first half of this year. The new car will increase its battery range to 451km and will be delivered from March, it said.
