零跑A10首秀，补齐A、B、C、D四大矩阵冲击年销百万辆

Core Insights - 2025 is a significant year for Leap Motor, with multiple product upgrades in the C series, successful launches in the B series, and the D series aiming for higher-end positioning. The recent launch of the A10 model has garnered market attention [1][3]. Financial Performance - In Q3 2025, Leap Motor reported a net profit of 150 million yuan, marking consecutive quarterly profitability. Revenue reached 19.45 billion yuan, a 97.3% increase compared to the same period in 2024, with a gross margin of 14.5%, showing substantial year-on-year improvement [3][5]. Market Position and Sales - Leap Motor has a strong cash position of 33.92 billion yuan and maintains positive operating and free cash flow. Since March, the company has been the monthly sales leader among new force brands in China, with October sales exceeding 70,000 units, setting a new monthly sales record. Cumulative sales from January to October surpassed 500,000 units, achieving its annual target ahead of schedule [5]. Product Strategy - The launch of the A10 completes Leap Motor's product matrix across the A, B, C, and D series, enabling full coverage of mainstream market segments. The A10 is positioned as an "intelligent boutique long-range SUV," emphasizing affordability and technological inclusivity, featuring a 500 km CLTC range and advanced smart assistance capabilities [5][8]. Design and Technology - The A10 is designed with a "Technology Natural Aesthetics 2.0" philosophy, featuring a body length exceeding 4200 mm and a wheelbase over 2600 mm, achieving an 88.1% space utilization rate. It offers six global natural color options inspired by various cities and regions [8]. The vehicle is equipped with laser radar and Qualcomm chips for comprehensive smart assistance, and its powertrain supports rapid charging and long-range capabilities [8].