Leapmotor Sets New Quarterly EV Sales Record as BYD Sales Decline.

Thursday, Apr 2, 2026 6:58 am ET1min read
STLA--

Leapmotor, a Chinese EV manufacturer backed by Stellantis, has delivered over 100,000 EVs for the fourth consecutive quarter. In contrast, BYD's sales have declined. Leapmotor's in-house production of components like batteries and powertrains gives it a competitive advantage, leading to higher margins. Other EV makers like Tesla and Volkswagen rely on external battery suppliers.

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