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FAW Qixin Power and Leapmotor Ink Cooperation Deal to Jointly Advance Development of Powertrains, Including Plug-in Hybrid and Extended-Range Systems
2025-12-29 /
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Author：小编
On December 29th, reports emerged that on the preceding day, December 28th, China FAW Group and Leapmotor had signed a significant agreement in Hangzhou. Specifically, FAW Equity Investment (Tianjin) Co., Ltd., a wholly-owned subsidiary of China FAW Group, along with FAW Qixin Power (Changchun) Technology Co., Ltd., entered into separate investment and cooperation agreements with Leapmotor. Under these agreements, FAW Equity is set to become a strategic shareholder of Leapmotor by subscribing to its newly issued domestic shares. Meanwhile, Qixin Power will team up with Leapmotor to jointly drive the collaborative development and production coordination of powertrains, encompassing plug-in hybrid and extended-range systems.
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