Group 1 - Leap Motor officially launched its flagship D platform and the D19 SUV, marking its entry into the luxury flagship market [2][3] - The company achieved nearly 400,000 cumulative deliveries from January to September 2025, maintaining its position as the leader among new car manufacturers [3] - Leap Motor's first half of 2025 saw a positive net profit and a record high gross margin, indicating strong profitability and sustainable growth potential [3] Group 2 - The D platform features groundbreaking technologies, including an 80.3 kWh battery for 500 km pure electric range and a smart four-wheel drive range extender system [4] - The D19 SUV aims to redefine the value standards of the 300,000 RMB luxury SUV market, combining high-end technology with affordability [6] - The D series completes Leap Motor's product lineup, covering sedans, SUVs, and MPVs, showcasing its comprehensive competitive capabilities [7]

Core Insights - Leap Motor held a launch event in Shanghai for its flagship D platform and full-size SUV, the D19, emphasizing a design theme of "majestic, elegant, light and shadow, nature" to showcase superior quality and aesthetic style [1] Group 1: Product Launch and Features - The D19 features a range of advanced technologies, including an 80.3 kWh battery that provides a pure electric range of 500 km, and an intelligent four-wheel drive range extension system that balances performance and energy efficiency [4] - The D platform integrates various components such as CATL battery cells, dual 8797 integrated cockpit chips, Michelin low rolling resistance tires, and advanced suspension systems, enhancing both safety and driving experience [4] - With the launch of the D series, Leap Motor has completed its product lineup across four major series, covering sedans, SUVs, and MPVs, establishing a comprehensive and diversified product matrix [4] Group 2: Market Performance and Expansion - From January to September 2025, Leap Motor achieved cumulative deliveries of nearly 400,000 units, with significant performance in key overseas markets including Germany, France, Italy, and Spain [3] - In the first half of 2025, Leap Motor reported a positive net profit, indicating the brand's profitability and sustainable growth potential [3]

Core Viewpoint - Leap Motor is redefining the concept of luxury in the automotive industry by offering high-end technology and experiences at an accessible price point, specifically through the launch of its flagship D19 model, which combines luxury features typically found in million-level vehicles with a price tag of 300,000 yuan [6][19][26]. Group 1: Product Launch and Technology - The launch event for the D19 marked the global debut of Leap Motor's flagship D platform, showcasing the company's decade-long commitment to self-research and development, which allows it to offer luxury technology at a competitive price [6][7]. - The D19 features six pioneering technologies, including a 80.3 kWh range-extended battery and a dual Qualcomm Snapdragon 8797 central computing unit, which provide advanced performance and safety features typically reserved for high-end luxury vehicles [21][23]. - Leap Motor's strategy emphasizes a "million-level experience at a 300,000 yuan price," challenging the traditional notion that flagship vehicles must be expensive [19][24]. Group 2: Market Positioning and Strategy - The automotive market has shifted from price wars to a focus on systemic competition, where companies are evaluated based on their platform capabilities, software upgrades, and supply chain integration [12][28]. - Leap Motor's approach targets two consumer segments: practical middle-class families and tech-savvy individuals who prioritize advanced technology without paying a premium for brand prestige [27][28]. - The company has achieved significant brand recognition, with a 30% increase in brand awareness and a 40% increase in familiarity from 2024 to 2025, indicating a successful establishment of its value proposition in the market [16]. Group 3: Competitive Advantage and Future Outlook - Leap Motor's competitive edge lies in its high level of self-research, with 80% of its workforce dedicated to R&D and 65% of its core components being self-developed, allowing for better cost control and rapid production [13][15]. - The D19's launch signifies a new chapter for Leap Motor, as it aims to fill the gap in the 300,000 yuan flagship SUV market while proving that luxury does not have to come with a high price tag [8][28]. - The company's model of providing accessible luxury through technological advancements could serve as a new paradigm for Chinese automotive brands aiming to penetrate the global high-end market [28][29].

Core Insights - Leap Motor officially launched its self-developed flagship D platform and the first full-size flagship SUV D19, marking its entry into the luxury flagship market and initiating a new journey for brand elevation [1][5] Group 1: D Platform Innovations - The D platform features several innovations, including an extended range system with an 80.3 kWh battery that achieves a pure electric range of 500 kilometers [3] - The platform introduces a 115 kWh·h super hybrid cell and a smart system equipped with dual 8797 central domain controllers, providing 1280 TOPS of computing power to support VLA assisted driving [3] - The LMC 2.0 chassis integrates puncture control, smooth driving experience, and a 3.6-meter turning radius, along with a "forest oxygen chamber" grade oxygen generation system for enhanced health during travel [3] Group 2: D19 Model Design and Features - The D19 model adopts the "Technology Natural Aesthetics 2.0" design philosophy, incorporating elements of "magnificence, elegance, light and shadow, and nature" into its body details [3] - Notable design features include the "Cosmic Realm" front face, million-pixel DLP projection headlights, and ISD smart interactive light curtain [3] - The D platform integrates global supply chain resources, including CATL battery cells, Qualcomm chips, and Bosch braking systems, to deliver a flagship-level driving experience [3] Group 3: Market Positioning and Strategy - With the launch of the D series, Leap Motor has completed its product lineup across four major series (A, B, C, D), covering various market segments including sedans, SUVs, and MPVs [5] - The D series is positioned to lead Leap Motor's entry into the high-end market, showcasing its systematic competitive capabilities based on fully self-developed technologies [5] - This move aims to shift the flagship market from "price competition" to a new stage of "value reconstruction" [5]

Core Insights - Leap Motor has officially launched its self-developed flagship D platform and the D19 SUV, aiming to redefine the standards of luxury SUVs in the 300,000 RMB price range [1][3]. Group 1: Company Performance - Leap Motor has achieved significant growth, with nearly 400,000 cumulative deliveries from January to September 2025, leading the new car-making forces and achieving seven consecutive months of delivery growth [3]. - The company has entered over 30 international markets, establishing nearly 700 sales and service outlets, with strong performance in key European markets such as Germany, France, Italy, and Spain [3]. - In the first half of 2025, Leap Motor achieved its first positive net profit for a half-year period, with a record high gross margin, indicating strong profitability and sustainable growth potential [3]. Group 2: Product Development - The D19, as the first model on the D platform, aims to bring high-end technology and experience to the 300,000 RMB market, emphasizing top-tier features in range, intelligence, driving control, safety, comfort, and aesthetics [3][5]. - The design philosophy of the D19 is based on "Technology Natural Aesthetics 2.0," integrating technological innovation with natural beauty to enhance user experience [5]. - The launch of the D platform and D19 marks a new phase in Leap Motor's technical system and product layout, completing a comprehensive product matrix covering sedans, SUVs, and MPVs [5].

Core Insights - Leap Motor has become the leader among new energy vehicle companies, achieving significant delivery milestones and aiming for global recognition in the industry [1][2] - The company emphasizes a long-term vision, likening the automotive industry to a marathon where continuous improvement is essential for success [1] - Leap Motor's strategy focuses on technological innovation, self-research capabilities, and maintaining competitive pricing while ensuring high-quality products [2][3] Company Strategy - Leap Motor attributes its leadership to factors such as technological innovation, comprehensive self-research, efficiency, agility, and rapid iteration [2] - The company has achieved a self-research rate of 65% for core electronic components, allowing for better cost control and innovation freedom [2] - Leap Motor plans to expand its self-research capabilities to include high-value components, such as automotive air conditioning compressors, which will be mass-produced in 2025 [4] Product Development - The company aims to enhance its product offerings by focusing on "upgrading" and providing sincere value to customers, with a goal of achieving better user reputation [5] - The launch of the flagship D platform and the D19 model is a strategic move to penetrate the luxury market, showcasing advanced technologies and competitive pricing [5][6] - Leap Motor's D series is positioned as high-end but affordable, with a commitment to maintaining reasonable profit margins across all vehicle series [7] Future Outlook - The company plans to introduce two to three D series products and two A series products by 2026, anticipating significant sales growth [7]

Core Viewpoint - Leap Motor has become the leading new force in the automotive industry, with CEO Zhu Jiangming emphasizing that the automotive sector is a marathon where continuous effort is essential to succeed [2][5]. Group 1: Company Performance - Leap Motor has led the new force segment for seven consecutive months before September 2025, achieving a delivery volume of 66,700 vehicles in September alone [4]. - The company reached a significant milestone by producing its one-millionth vehicle on September 25, becoming the second new force after Li Auto to enter the "million club" [6]. Group 2: Strategic Goals - Leap Motor aims to become a world-class new energy vehicle manufacturer, with a focus on continuous improvement and leveraging its strengths [5]. - The company plans to expand its self-research capabilities to include high-value components, which it previously did not specialize in [10]. Group 3: Technological Innovation - Leap Motor attributes its leading position to technological innovation, comprehensive self-research, efficiency, agility, and rapid iteration [7]. - The company has developed its own intelligent electric technology platform, LEAP, which integrates advanced features such as assisted driving and deep cabin integration [8]. Group 4: Product Strategy - Leap Motor emphasizes a strategy of integrating technological capabilities to produce high-quality products at reasonable prices, adhering to the principle of "good but not expensive" [9][15]. - The launch of the flagship D platform and the D19 model aims to challenge the luxury market while maintaining competitive pricing, with a target of offering a "million-level experience at a 300,000 yuan price" [14][16]. Group 5: Future Outlook - Leap Motor plans to introduce two to three D series products and two A series products in 2026, anticipating significant sales growth [18].

Core Insights - Zhejiang Leapmotor Technology Co., Ltd. officially launched its self-developed flagship D platform and the first full-size flagship SUV, Leapmotor D19, marking its entry into the luxury flagship market [1][2] Group 1: Company Performance - Leapmotor has delivered nearly 400,000 vehicles from January to September 2025, leading the new car-making forces and achieving a record of seven consecutive months of delivery [2] - The company has expanded into over 30 countries, establishing nearly 700 sales and service outlets, with strong performance in key European markets such as Germany, France, Italy, and Spain [2] - Leapmotor achieved its first half-year net profit in the first half of 2025, with a record high gross margin, indicating strong profitability and sustainable growth potential [2] Group 2: Technological Advancements - The D platform integrates multiple industry-first technologies, including a flagship range extender with an 80.3 kWh battery providing a 500 km pure electric range, and an innovative intelligent four-wheel drive range extender system [3] - The platform features a 115 kWh super hybrid battery cell that addresses the "impossible triangle" of battery energy, safety, and lifespan [3] - The D platform includes advanced features such as a dual 8797 central domain controller providing 1280 TOPS computing power for VLA assisted driving and a health-oriented "forest oxygen cabin" [3] Group 3: Product Strategy - The D19 model aims to be the "top configuration among top configurations" and emphasizes flagship-level performance in range, intelligence, driving control, safety, comfort, and aesthetics [4] - The launch of the D platform and D19 signifies a new phase in Leapmotor's technology system and product layout, completing a comprehensive product matrix covering sedans, SUVs, and MPVs [4]

Core Insights - Leap Motor officially launched its flagship D platform and the D19 SUV, marking its entry into the luxury flagship market with a focus on technological strength and user experience [1][3][14] Group 1: Product Launch and Market Positioning - The D platform represents Leap Motor's ten years of technological accumulation and aims to redefine the luxury SUV segment by offering high-end features at a more accessible price point [3][5] - The D19 SUV is designed to set new standards for the 300,000 RMB luxury SUV market, emphasizing advanced technology and user comfort [9][11] Group 2: Technological Innovations - The D platform features several industry-first technologies, including an 80.3 kWh battery for a 500 km electric range and a dual 8797 central domain controller for advanced driving assistance [7][5] - The platform integrates a range of high-quality components from leading suppliers, ensuring a premium user experience [7][5] Group 3: Financial Performance and Growth - Leap Motor achieved nearly 400,000 cumulative deliveries by September 2025, leading the new energy vehicle sector and achieving a positive net profit for the first half of 2025 [3][14] - The company has expanded its presence in over 30 countries, establishing nearly 700 sales and service outlets, with strong performance in key European markets [3][14] Group 4: Brand Strategy and Partnerships - The appointment of artist Fei Xiang as the brand ambassador for the D series aligns with Leap Motor's focus on quality and user experience, appealing to a rational consumer base [12][14] - The collaboration signals Leap Motor's commitment to long-term growth and innovation in the increasingly competitive electric vehicle market [14]

Core Insights - Leap Motor is not only aiming for larger scale but also pursuing upward brand positioning with the launch of its flagship D platform and the D19 SUV, marking a new chapter for the brand [1] Sales Performance - In the first nine months of this year, Leap Motor's cumulative sales reached 395,516 units, representing a year-on-year increase of 128.8%, maintaining the top position in China's new car-making forces for seven consecutive months [3] - During the recent holiday period, the Beijing store sold over 40 vehicles, contributing to a total of over 600 units sold in the Beijing market [3] Product Development - The D platform is designed to address core user pain points in areas such as range, intelligence, driving control, safety, and comfort, featuring innovative technologies like a 500 km pure electric range with an 80.3 kWh battery and a smart four-wheel drive range extension system [5] - The D19 model aims to bring high-end technology and experience to the 300,000 yuan market, embodying the design philosophy of "Technology Natural Aesthetics 2.0" [8] Technological Innovation - The D platform integrates advanced technologies to create a synergistic effect, enhancing overall performance and user experience [6] - Key features of the D19 include a 115 kWh super hybrid battery, advanced driving assistance systems, and a unique oxygen-generating system for improved health during travel [5] Market Strategy - With the launch of the D series, Leap Motor has completed its product lineup across various categories, including sedans, SUVs, and MPVs, establishing a comprehensive and diversified product matrix [10] - The D series is positioned to lead Leap Motor's entry into the high-end market, showcasing the company's systemic competitive capabilities based on fully self-developed technologies [10]