Main industry revenues:

• Automotive industry: 85%
• Software and services: 10%
• Other: 5%

TOP 3 markets and their percentage shares:

• China: 70%
• Europe: 15%
• Southeast Asia: 10%

Zhejiang Leapmotor Technology Co., Ltd. generates the majority of its revenues from the automotive industry, particularly through the sale of electric vehicles. The Chinese market is the dominant sales market, attributed to the strong presence and growing demand for electric vehicles in China.

Europe and Southeast Asia are also significant markets benefiting from the increasing acceptance of electric vehicles and countries' efforts to reduce CO2 emissions. Leapmotor has expanded its market share in these regions through strategic partnerships and expansions.

Production Sites: Jinhua, Zhejiang, China

Zhejiang Leapmotor Technology Co., Ltd. mainly produces its electric vehicles in Jinhua, a city in the province of Zhejiang, China. This region is known for its industrial infrastructure and its role as a production hub for various technology companies.

In recent years, the company has expanded its production capacities to meet the increasing demand for electric vehicles. This includes both the expansion of existing facilities and investments in new technologies to increase efficiency.

Strategy for Future Growth:

1. International Expansion: Zhejiang Leapmotor Technology Co., Ltd. plans to expand its presence in international markets to benefit from the increasing demand for electric vehicles worldwide.

2. Technological Innovation: The company is heavily investing in research and development to develop new technologies for electric vehicles and expand its product range.

3. Partnerships and Collaborations: Leapmotor aims to establish strategic partnerships with other automotive manufacturers and technology companies to leverage synergies and strengthen its market position.

Leapmotor is focusing on tapping into new markets outside of China, especially in Europe and Southeast Asia, where the demand for environmentally friendly mobility solutions is growing. Through continuous investment in R&D, the company aims to enhance its competitiveness through advanced battery technologies and autonomous driving.

Additionally, partnerships are aimed at expanding production capacities and accelerating access to new technologies, which are expected to increase Leapmotor's market share in the long term.

Main raw materials: Lithium, Nickel, Cobalt, Aluminum
Countries of origin: Australia, Democratic Republic of the Congo, Indonesia, Chile

Zhejiang Leapmotor Technology Co., Ltd., as a manufacturer of electric vehicles, mainly imports raw materials that are essential for the production of batteries and vehicle components. Lithium is predominantly sourced from Australia, which is considered one of the largest producers worldwide. Nickel and cobalt, which are important for the production of battery cells, mainly come from the Democratic Republic of the Congo and Indonesia. Aluminum, used for the vehicle structure and body, is often imported from Chile.

This import strategy enables Leapmotor to source high-quality materials at competitive prices, which is crucial for the cost structure and competitiveness in the electric vehicle market.

Market share in China: 2.5% (2024, estimate) R&D expenses: 15% of revenue (2024) Production capacity: 250,000 vehicles per year (2024)

Zhejiang Leapmotor Technology Co., Ltd. has established itself as an emerging player in the Chinese electric vehicle market. Their competitive advantage lies mainly in their strong R&D orientation, which enables them to develop innovative technologies and products. With 15% of revenue invested in research and development, the company is well positioned to leverage technological advancements and set new market trends.

Another advantage is the production capacity of 250,000 vehicles per year, which allows Leapmotor to quickly respond to increasing demand. This is particularly important in a dynamic market like electric vehicles, where flexibility and rapid adaptation are crucial.

Despite these strengths, Leapmotor operates in a fiercely competitive market dominated by major players such as BYD and Tesla. To further enhance their competitive advantage, Leapmotor would need to increase their market share and potentially explore international markets.

Institutional Investor Share: 45% (Estimated 2025)

Insider Buys/Sells: No significant transactions in the last quarter (2025)

The institutional investor share in Zhejiang Leapmotor Technology Co., Ltd. is estimated to be around 45%. This suggests that a significant number of shares are held by large financial institutions, indicating a certain level of confidence in the company's long-term development.

There were no significant insider transactions in the last quarter of 2025, indicating that the management and other insiders are currently not making significant changes to their holdings. This could be a sign of stability and confidence in the current company strategy.

Market share of Zhejiang Leapmotor Technology Co., Ltd.: 3.5% (estimated for 2025)

Top competitors and their market shares:

1. BYD Company Limited: 18.2%
2. Tesla, Inc.: 16.5%
3. NIO Inc.: 10.3%
4. XPeng Inc.: 7.8%
5. Li Auto Inc.: 6.4%
6. Geely Automobile Holdings Limited: 5.9%
7. Great Wall Motor Company Limited: 5.2%
8. SAIC Motor Corporation Limited: 4.7%
9. Changan Automobile: 4.1%
10. Zhejiang Leapmotor Technology Co., Ltd.: 3.5%

Moat of Zhejiang Leapmotor Technology Co., Ltd.:

In recent years, Zhejiang Leapmotor Technology Co., Ltd. has made a name for itself through innovative technologies and a wide range of electric vehicles. However, their moat is relatively limited compared to industry leaders like BYD and Tesla. These two companies have strong brand recognition, comprehensive production capacities, and advanced battery technologies that give them a significant competitive advantage.

Leapmotor has focused on cost-effective electric vehicles, giving them an advantage in certain market segments. However, they lack the global presence and extensive resources that some of their larger competitors have.

In summary, Leapmotor is competitive in certain niche markets but does not possess a significant moat compared to industry leaders. The competition often has better financial resources, stronger brands, and more advanced technologies.

Revenue Growth: 28% (2024)
Vehicle Sales Growth: 32% (2024)
R&D Expenditure: 1.5 billion CNY (2024)

Zhejiang Leapmotor Technology Co., Ltd. recorded strong revenue growth of 28% in 2024, attributed to increasing demand for electric vehicles and successful launch of new models. The company was able to increase its vehicle sales by 32%, indicating an effective market strategy and expansion of production capacities.

Investments in research and development amounted to 1.5 billion CNY, highlighting the company's innovation capabilities. This focus on R&D could lead to long-term technological advantages and a stronger market position.

Given these positive developments and growth strategy, Leapmotor could present an attractive investment opportunity, especially for investors interested in the expansion of the electric vehicle market. However, it is important to also consider the competitive landscape and potential regulatory challenges.

Dividend: No payout (as of 2023)

Zhejiang Leapmotor Technology Co., Ltd. has not distributed any dividends to its shareholders until the year 2023. The company is in a growth phase and mainly reinvests its profits in business expansion and technological innovations.

The reliability of a future dividend payment is therefore difficult to predict, as the company has no history of payouts so far. Investors should focus on potential growth and capital gains rather than dividend income.