华夏时报记者刘凯北京报道 与此同时，零跑汽车作为造车新势力中的技术派代表，自2015年成立以来坚持"全域自研"战略，已建立起覆盖整车架构、电池、电驱、智能座舱、智能驾 驶等领域的完整技术体系。2025年，零跑汽车交付量预计接近60万辆，稳居造车新势力榜首，并成为继理想汽车之后第二家实现季度盈利的新势力企业。 因此，对于一汽而言，入股零跑汽车能够获得三大关键资源，经过市场验证的电动平台技术、快速迭代的智能化研发能力以及直面用户的市场运营经验。 对于零跑汽车而言，一汽的入股带来的不仅是37.44亿元的资金支持，更是供应链的稳定性、生产制造的规模化经验以及国有资本的背书。针对此次入 股，零跑汽车CEO朱江明在接受媒体采访时特别强调了公司治理结构的稳定性。他表示："与一汽集团投资协议里明确约定，会保持创始团队的控制 权。"这从根本上打消了市场对于零跑可能因引入巨头股东而丧失独立性的疑虑。 12月28日，中国第一汽车集团公司与零跑汽车正式签署投资与战略合作协议，根据协议安排，一汽股权投资(天津)有限公司将专注资本融合，以内资股增 发方式入股零跑汽车，成为其战略股东；而一汽旗新动力(长春)科技有限公司则将负责技术协同，与 ...

今年11月，零跑汽车交付70327台，连续9个月位列新势力品牌销量冠军。 这家坐落在杭州的车企，用了十年时间一步步做到了"领跑"。 2025年12月24日，零跑汽车十周年这一天，创始人、董事长兼CEO朱江明发布了一封内部信，叙说着对过往的复盘，展露着对当下的清醒，对未来的笃 定。 2019至2025年，朱江明发布的七封内部信，都有一个最鲜明的特性： 2025年12月24日，零跑汽车迎来十周岁生日。 没有华丽的辞藻，没有宏大的叙事。 只有朱江明发布的一封内部信。 十年间，朱江明一共发布了七封内部信，串联起了零跑从初创到盈利、从本土到全球的发展轨迹，而十周年这封沉甸甸的信函，更是将"务实可靠、以终 为始"的企业基因推向了新的高度。 本文首发于亿欧汽车 在这封内部信里，朱江明的笔触审慎且坚定："过去的十年我们很难，可以说是九死一生。现在我们也才刚过温饱线，远远没到庆功的时候。站在新十年 的起点，从跟跑到领跑，这要求我们不能再以'新势力'自居，而要以一家可持续发展、值得尊敬的世界级车企来要求自己。" 维度一：拒绝空谈，行胜于言， 作者｜郝秋慧 从2019年起，零跑每年生日这一天，创始人朱江明都会以一封内部信为企业纪年 ...

以下文章来源于亿欧汽车 ，作者彭苏平 亿欧汽车 . 专注汽车出行领域科创报道与投资价值研究 零跑汽车创始人、董事长朱江明第一时间在朋友圈转发了这个消息，并自信地立了一个新的 目标 ：明年将冲击 100 万辆，争取更上一层楼。 作者 | 彭苏平 来源 | 亿欧汽车 点击下方 卡片 ，关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近30个 方向 学习 路线 >>自动驾驶前沿信息获取 → 自动驾驶之心知识星球 本文只做学术分享，如有侵权，联系删文 在过去几个月里，零跑的销量节节攀升。 今年三季度零跑共卖出了 17.4 万辆新车 ， 同比增长 101.77% ，环比也增长了 29.63% ，月销量接连突破 5 万辆、 6 万辆，四季度首月更是突破了 7 万辆大关。 在大规模的销量支撑下，零跑汽车也率先跑通了新能源车企的盈利模型。 11 月 17 日发布的三季报显示，零跑汽车三季度净利润 1.5 亿元，继半年度盈利之后，再度实现单季盈利。而在流动性方面，零跑也保持着正向的经营现金流与自由现金 流，在手资金 339.2 亿元。 这意味着，这家曾经不被看好的造车新势力，已经成功穿越生存考验，其 " 全域自研 " ...

Group 1 - The core question raised by investors is whether the C200 model has been replaced by the CW series [1] - Beijing Junzheng confirmed that the C200 is part of the C series products and is currently a tentative model name [1] - There is a possibility that the C200 may be renamed based on future planning for the series [1]

Core Insights - The core message of the article emphasizes Leap Motor's commitment to providing high-quality electric vehicles at competitive prices, avoiding high-end premium strategies while focusing on self-research and development [2][8]. Sales and Growth Strategy - Leap Motor achieved a significant milestone by reaching 250,000 sales by November 15, 2023, with a target of 500,000 sales in 2024 and aiming for 1 million by 2025, driven by precise planning and product strategy [4][6]. - The company has established two core strategies for 2024: equipping all models with intelligent driving assistance and focusing on long-range and high-speed charging capabilities [4][6]. - Leap Motor's self-research system allows for a 65% self-manufacturing rate of core components, with plans to increase this to over 80%, enabling better cost control and higher product value [4][6]. Product Development and Market Positioning - The launch of the Lafa5 model targets the 10-15 million RMB market segment, filling a gap for sporty electric sedans that appeal to younger consumers [6][7]. - The company learned from the initial failure of the S01 model, leading to a more cautious approach in product definition and market strategy [6][7]. - Leap Motor's product matrix, including the successful C series and the upcoming D series, is crucial for achieving the sales target of 1 million units [7][8]. Brand Strategy and Market Differentiation - Leap Motor maintains a single-brand strategy, avoiding segmentation into high-end and low-end brands, focusing instead on delivering consistent quality across all price ranges [8][10]. - The brand is likened to Uniqlo in the automotive industry, emphasizing high cost-performance and reliability without brand premium pricing [8][10]. Future Outlook and Technological Development - The company plans to expand into overseas markets, with the Lafa5 model set to launch globally in the second quarter of the following year [10][11]. - Leap Motor is cautious about diversifying into other industries, preferring to focus on its core automotive business while exploring technological advancements [11][12]. - The company aims to leverage its self-research capabilities to enhance product competitiveness and maintain a long-term value investment approach [12].

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].

Core Insights - Leap Motor has announced a sales target of 1 million units for 2026, having completed its 2025 target of 500,000 units 45 days ahead of schedule [2][5] - The company has become the first new car manufacturer to achieve its 2025 sales target and is positioned to be the leader in the new car manufacturing sector for that year [5] - Leap Motor has consistently been the monthly sales leader among new car manufacturers since March 2025, with record monthly deliveries exceeding 60,000 units in September and 70,000 units in October 2025 [5] Sales Performance - Leap Motor's early achievement of the 2025 sales target was anticipated, with CEO Zhu Jiangming expressing optimism about the fourth quarter of 2025 and confirming that orders were meeting expectations [5][7] - The company aims to launch 2 to 3 new models from the D series and 2 models from the A series in 2026, indicating a strong product pipeline [7] Historical Context - Leap Motor was founded in 2015 and reached its 1 millionth vehicle production milestone on September 25, 2025, becoming the second new car manufacturer to join the "million club" after Li Auto [7] - The company took five years to produce its first 500,000 vehicles but achieved the next 500,000 in less than a year, showcasing rapid growth [7] Strategic Focus - Leap Motor's strategy for achieving its next 1 million vehicle production target is centered on "upgrading and sincerity," emphasizing the importance of superior products and positive user feedback [7]

Core Insights - Leap Motor announced a sales target of 1 million vehicles for 2026, having completed its 2025 target of 500,000 vehicles 45 days ahead of schedule [2][8] - The company has been the top performer among new car manufacturers for eight consecutive months since March 2025, setting monthly delivery records [6] - Leap Motor's CEO expressed optimism about achieving the 2025 target, indicating strong order levels and expectations [6][9] Group 1 - Leap Motor achieved its 2025 sales target of 500,000 vehicles ahead of schedule, with September and October 2025 deliveries exceeding 60,000 and 70,000 vehicles respectively [6] - The company plans to launch 2 to 3 new models from the D series and 2 models from the A series in 2026, marking it as a significant product year [9] - Leap Motor became the second new car manufacturer to reach the milestone of 1 million vehicles produced, following Li Auto [9][11] Group 2 - The CEO highlighted that it took Leap Motor five years to produce its first 500,000 vehicles, but less than a year to reach the next 500,000 [11] - The key to achieving the next 1 million vehicles is believed to be "upgrading and sincerity," focusing on superior products and improved customer reputation [11]

Core Insights - Leap Motor achieved a significant milestone by delivering 66,657 vehicles in September 2025, becoming the first new force brand to exceed 60,000 monthly sales and maintaining the top position in sales for seven consecutive months [1] - The launch of the D19 model, positioned as the flagship of the D series, was held on October 16, 2025, showcasing advanced technology and high-end features [1][3] Product Strategy - The D series is defined as "the flagship among flagships," featuring a dual-vector three-motor system, an 80 kWh battery with a small fuel tank range extender, and a Qualcomm 8797 chip, with suppliers including Bosch, ZF, and CATL [3] - CEO Zhu Jiangming emphasized that the brand's positioning remains unchanged, focusing on "good but not expensive" products, with pricing strategies aligned with the B and C series, avoiding high margins [3][5] Business Model - Zhu provided examples of clothing brands to illustrate that pursuing scale effects can be more profitable than focusing on high margins, comparing Ermenegildo Zegna and Uniqlo's profitability [5][6] - Leap Motor's core advantage lies in its comprehensive in-house research and development, allowing efficient collaboration with suppliers and cost optimization through technological innovation [6] Technological Innovation - Innovations such as the integrated electric drive generator system developed with ZF reduce weight and costs significantly, while the CTC technology enhances space and safety in the D series [6] Market Strategy - The key to sales growth is attributed to product strength, with a focus on technology and reasonable pricing to attract customers [9] - Leap Motor plans to concentrate on first-tier cities for high-end store layouts while maintaining advantages in lower-tier markets [9] Future Outlook - Zhu expressed confidence in achieving the annual target of 500,000 vehicles ahead of schedule and anticipates a product explosion in 2026 with plans to launch 2-3 new D series models and 2 A series models [9] - The company does not prioritize immediate sales leadership but aims for sustained efforts to reach long-term goals [9]

Core Insights - The company has established a strategic plan and sales targets for the next five years, aiming to achieve the previously announced goal of 500,000 units sold before revealing next year's sales targets, indicating potential for significant growth in the coming year [1] Group 1 - In September, the company achieved a record monthly delivery of 66,657 units, ranking first among new energy vehicle manufacturers, with total sales for the first nine months reaching 395,516 units, representing a year-on-year increase of 129% [1] - The company has raised its annual sales target to between 580,000 and 650,000 units [1] Group 2 - The founder and CEO expressed optimism for 2026, highlighting the competitive nature of the already released B series, Lafa5, and C series products, along with plans to launch 2-3 new models from the D series and 2 models from the A series next year [3] - The year 2026 is anticipated to be the most significant for the company's product lineup, with expected overall sales growth [3]