Does the Bankruptcy of Changjiang Motors Affect Leapmotor?
2 Answers
For Leapmotor, there are still significant hidden risks. Below is relevant information: 1. Brand Introduction: Leapmotor is an investment by the listed company Zhejiang Dahua Technology Co., Ltd., with its headquarters located in Binjiang High-Tech Development Zone, Hangzhou, Zhejiang. The company primarily focuses on R&D in intelligent connectivity, motor and electronic control, battery systems, and vehicle design. 2. Brand Philosophy: Leapmotor is an innovative intelligent electric vehicle enterprise with complete independent R&D capabilities for intelligent electric vehicles. It was jointly invested by Zhejiang Dahua Technology Co., Ltd. and its major founders. The company consistently adheres to independent R&D of core technologies and is committed to building a high-quality, international, and globally mainstream intelligent electric vehicle brand with core technological capabilities.
Friends who have been following new energy vehicles recently must have noticed the news about Changjiang Automobile's bankruptcy. As a Leapmotor owner who is also deeply involved in the electric vehicle sector, I think this incident has limited impact on Leapmotor. First, the two companies have completely different market positions—Leapmotor insists on full-stack in-house R&D, with its own technology for the three-electric systems. The rising delivery numbers of the T03 and C11 models demonstrate solid product strength. Moreover, Leapmotor has Dahua Technology as a strong backer, making its financial chain much more stable compared to Changjiang, which operated independently. However, it’s not entirely accurate to say there’s no impact at all. Consumer trust in new EV brands may take a short-term hit, as no one wants to buy a car only to see the manufacturer go bankrupt. For those considering an electric vehicle, I recommend paying more attention to the company’s technological reserves and market reputation.
