Core Viewpoint - Leap Motor's flagship D19 model showcases advanced technology and competitive pricing, positioning itself strongly in the market against established competitors [3][14][60]. Group 1: Product Features and Technology - The D19 features an 80 kWh range extender battery with a range of 500 km and a pure electric version with a 1000V architecture, highlighting its technological advancements [3][24]. - The vehicle is equipped with the Qualcomm dual 8797 chip, which offers a computing power of 1280 TOPS, making it a significant player in the industry [36][42]. - Key components of the D19 are sourced from top suppliers, including CATL batteries and Bosch steering systems, indicating a shift from previous cost-cutting measures to a focus on quality [18][52]. Group 2: Marketing and Brand Positioning - Leap Motor has adopted a more aggressive marketing strategy for the D19, contrasting its historically low-key approach, which included cost-saving measures in previous launches [5][13]. - The brand aims to maintain its identity as a "tech equality" company, ensuring that the D19 is not priced as a luxury vehicle despite its high-end features [21][23]. - The D19 is positioned competitively against models like the AITO M9 and Li Auto L9, with a target price range that could potentially undercut these competitors [43][56]. Group 3: Cost Management and Self-Development - Leap Motor continues to emphasize cost efficiency through self-developed components, which now account for 65% of the BOM cost of each vehicle [54][56]. - The integration of the drive and generator into a single unit in the D19's dual motor system exemplifies the company's strategy to reduce costs while maintaining performance [28][30]. - The company has plans to expand its self-developed parts to further reduce reliance on external suppliers, enhancing its competitive edge [52][55]. Group 4: Market Performance and Future Outlook - In the first nine months of the year, Leap Motor delivered nearly 400,000 vehicles, surpassing a cumulative delivery of 1 million units, indicating strong market demand [58][60]. - The introduction of the D19 is timely, as it aims to capture a growing market for large electric SUVs while enhancing the brand's image and product line [61][62]. - The company remains cautious about future competition and market dynamics, recognizing that maintaining leadership in the automotive industry requires continuous innovation and customer focus [66][68].

Core Viewpoint - Leap Motor officially launched its flagship D platform and the first model, the luxury flagship SUV D19, emphasizing a "million-level" technology platform and a new luxury travel experience [1][45]. Group 1: Vehicle Specifications - The D19 features an 80.3 kWh large battery with a pure electric range of 500 km, supplemented by a 40L fuel tank, making electric power the primary source and fuel a backup [3][10]. - The vehicle supports 800V fast charging and is equipped with CATL's new "super hybrid system battery," claiming to be the world's first to integrate lithium iron phosphate and ternary lithium into a single cell [3][10]. - The D19 offers two versions: a pure electric version with a 115 kWh battery and a range of up to 720 km, and a range-extended version with a powertrain layout of an engine and dual motors [25][27]. Group 2: Performance and Technology - The D19 boasts a comprehensive power output of 540 kW for the pure electric version and 400 kW for the range-extended version, with acceleration times of 3 seconds and 4 seconds respectively [32]. - It features advanced technologies such as a 34-in-1 super thermal management module, a full-stack 1000V three-electric system, and a dual vector electric drive for precise torque distribution [16][33]. - The vehicle is equipped with high-performance AI capabilities, utilizing Qualcomm's dual 8797 chips, providing 1280 TOPS of computing power for intelligent cockpit and VLA-assisted driving [25][22]. Group 3: Safety and Comfort - The D19 incorporates 16 sections of 2GPa high-strength steel and a ten-layer battery safety protection system, ensuring high safety standards [40][42]. - It features a luxurious interior with Nappa full-grain leather, a 60-inch AR-HUD, and zero-gravity seating, designed to enhance passenger comfort [43][44]. - The vehicle includes advanced driving assistance features such as AEB functionality and dynamic steering assistance, aimed at improving safety during various driving conditions [41][37].