On March 11, Zhu Jiangming, the visionary founder and CEO of Leapmotor, disclosed during a media briefing that the company aims to sell between 500,000 and 600,000 vehicles this year, exuding boundless confidence. Building on last year's success, where the company exported 13,000 vehicles, Leapmotor has set an ambitious target of 50,000 overseas sales for 2025. Reflecting on 2024, Leapmotor delivered an impressive 293,700 vehicles, marking a significant 103.8% year-over-year growth and surpassing its annual target of 250,000 vehicles. Zhu Jiangming acknowledged the competitive market landscape in 2025, stating that the company has prudently adjusted its sales projections accordingly. Notably, in the fourth quarter of 2024, Leapmotor achieved a record-high gross profit margin of 13.3%, and the company anticipates maintaining this margin within the range of 10% to 12% throughout 2025.
