Core Viewpoint - Leap Motor has achieved significant milestones in the electric vehicle market, surpassing 500,000 cumulative sales for 2025 ahead of schedule, and aims to reach 1 million sales in 2026 under the leadership of founder Zhu Jiangming [3][13]. Company Overview - Zhu Jiangming transitioned from a security giant to a new force in car manufacturing, founding Leap Motor in 2015 after a successful career with Dahua Technology [2][6]. - Leap Motor's first model, the S01, faced challenges upon launch, leading to a strategic shift towards more competitively priced models like T03 and C11, which significantly boosted sales [8][11]. Financial Performance - Leap Motor reported a revenue of 242.5 billion yuan for the first half of 2025, marking a year-on-year increase of 174.15%, with a gross margin of 14.13%, the highest in the company's history [11]. - The company has shown a trend of reducing losses over the past three years, with net losses of 51.09 billion yuan, 42.16 billion yuan, and 28.21 billion yuan respectively [9]. Market Position - Leap Motor has become the second Chinese electric vehicle manufacturer to achieve profitability in the first half of 2025, with a net profit of 33.03 million yuan [10][11]. - The company has maintained its position as the monthly sales champion among new energy vehicle manufacturers in China for eight consecutive months since March 2025 [13]. Future Outlook - Leap Motor plans to launch multiple new models, including Lafa5, D19, and A10, as it targets 1 million sales in 2026 [3][14]. - The company is expanding its international presence, having established over 700 overseas channels and exporting more than 44,000 vehicles in the first ten months of 2025, leading among Chinese new energy brands [14][15].

（文章来源：国际金融报） 近日，零跑旗下全新纯电轿跑Lafa 5也正式开启预售，新车共推出5款车型，预售价在10.58万- 13.18万 元间，计划本月底上市，明年开始逐步登陆全球市场。 和6年前首次尝试运动轿跑时相比，高级副总裁曹力直言"想法完全不一样"。 他说做S01的时候是觉得做轿跑挺酷的，是不是有用户喜欢没有考虑那么多，但是现在做Lafa5，零跑已 经拥有了100万用户，非常清楚地知道用户喜欢什么，什么是刚需，哪些是补充型和个性化的。他说当 下是基于零跑完成实用量化布局后，开始补充个性化诉求，"这个时候想法和原来的完全不一样。" ...