In August of this year, reports surfaced suggesting that China FAW Group was poised to make a strategic investment in Leapmotor, with the intention of acquiring a 10% stake. This plan was reportedly circulating and making progress within FAW's internal circles. However, FAW later issued a denial. Recently, these rumors have resurfaced, this time evolving into speculation that China FAW Group is on the verge of acquiring Leapmotor outright. In response to these persistent rumors, Leapmotor addressed the media on November 4, firmly stating that such news is entirely false.
