11月零跑汽车销量解读

Sales Performance - Leap Motor achieved a record high sales volume of 70,327 units in November, representing a year-on-year increase of 75.1% and a month-on-month increase of 0.1% [1] - Cumulatively, from January to November, Leap Motor's total sales reached 536,000 units, marking a year-on-year growth of 113.4%, and the company has already met its annual sales target of 500,000 units ahead of schedule [1] Export and International Market - In the first eleven months, Leap Motor exported approximately 53,000 units, with about 9,000 units exported in November alone [1] - The overseas inventory was notably low, with only 1,300-1,400 units available at the end of October [1] - There was a significant increase in overseas orders, with 12,000 units ordered in October and an expected rise to over 15,000 units in November, indicating a strong growth trajectory for next year with projected sales of 150,000 to 200,000 units [1] - The carbon credit income per vehicle in Europe is estimated to be between €3,000 and €4,000, which will enhance profit certainty for the upcoming year [1] Future Outlook - New vehicle launches are planned, including the Lafa5 expected to be launched domestically on November 27 and globally in the second quarter of 2026, along with the D19 and A10 models anticipated in the first half of 2026 [1] - The D series and A series will each have a new model launched next year, guiding sales to exceed 600,000 units and profits between 500 million to 1 billion yuan in 2025, with projections of 1 million units sold and profits of 5 billion yuan in 2026 [1]