Leapmotor reported a substantial revenue of RMB 10.02 billion for the first quarter of 2025, reflecting a remarkable year-on-year growth of 187.1%. This performance was underpinned by a 162.1% increase in sales volume, alongside a 4.9% rise in revenue per vehicle. Notably, the company's loss narrowed to RMB 130 million during this period, thanks to an improvement in gross margin that outpaced the growth in expenses.
