Can Leapmotor Survive?

[MacKhloe]

Leapmotor is expected to go public by the end of next year or the year after. Here are the details: 1. Data shows: In October, Leapmotor sold 1,743 units, a 66% increase from the previous month. The Leapmotor T03, launched in May, can be considered the main sales model, with 1,681 units sold in October. In other words, the so-called "two-door sports car" Leapmotor S01 only sold 62 units in October. "The total sales target for 2020 is 50,000 units, with the S01 aiming for 20,000 units and the T03 for 30,000 units. Leapmotor aims to rank among the top ten new energy vehicle manufacturers. 2. Introduction to Leapmotor: In 2019, Leapmotor's first model, the S01, was launched. With highlights such as a 0-100 km/h acceleration in 6.9 seconds, finger vein recognition unlocking, facial recognition start, standard intelligent parking, frameless doors, a smart starry sky cockpit, and dual-screen linkage, it certainly captured the attention of consumers.