What Percentage of Shares Does Dahua Hold in Leapmotor?
1 Answers
Dahua holds 11.4% of the shares in Leapmotor. Leapmotor is an innovative smart electric vehicle brand, jointly invested by Zhejiang Dahua Technology Co., Ltd. and its main founders. Established in 2015, the brand is headquartered in the Binjiang High-Tech Development Zone of Hangzhou, Zhejiang. Its business scope covers the design, R&D, manufacturing of smart electric vehicles, intelligent driving, motor and electronic control, and battery system development. Below are the benefits of new energy vehicles: Fuel energy conservation: New energy vehicles generally use natural gas, liquefied petroleum gas, hydrogen, or electricity as power sources, conserving fuel energy. Reduced exhaust emissions: New energy vehicles produce no exhaust emissions, effectively protecting the environment. Electric vehicles generate no tailpipe emissions and cause no pollution. Hydrogen-powered vehicles emit only water, posing no environmental pollution. Due to their near-zero emissions, they are also exempt from traffic restrictions. High efficiency: New energy vehicles typically employ new technologies and structures, making them more efficient.