Leapmotor is a full-stack electric vehicle manufacturer focused on developing passenger EVs and core components such as battery packs, motor controllers, and autonomous driving modules. The company emphasizes vertical integration, enabling greater control over hardware, software, and production efficiency. Leapmotor offers smart EVs across multiple segments and aims to deliver high-performance, affordable electric mobility solutions globally.
What Is Leapmotor and What Does It Do?
Leapmotor, founded in 2015 by Zhu Jiangming and Fu Liquan, is an electric vehicle manufacturer based in Coventry, United Kingdom. The company designs, develops, and produces electric cars and key EV components, ensuring full-stack competency across its product line.
With a team of 201-500 employees, Leapmotor focuses on intelligent driving technology, EV hardware innovation, and mass-market adoption through its expanding lineup of electric vehicles.
How Much Funding Has Leapmotor Raised?
1. Post IPO
- Amount Raised: $84.3M
- Motivation: To support EV production capacity and expand global operations.
2. Post IPO
- Amount Raised: $1.59B
- Lead Investors: Stellantis
- Motivation: To accelerate international expansion and co-develop global EV platforms.
3. Series C
- Amount Raised: $694M
- Lead Investors: CICC
- Motivation: To scale manufacturing, strengthen R&D, and expand product categories.
Total Funding Raised: $1.76B
Latest Funding Date: 2024
Key Investors
1. Stellantis
- Details: One of the world’s largest automotive groups formed from Fiat Chrysler & PSA merger.
- Investment Focus Areas: Electric mobility, automotive manufacturing.
- Notable Investments: Leapmotor, Archer Aviation.
2. CICC
- Details: China International Capital Corporation, a major investment bank and strategic investor.
- Investment Focus Areas: Automotive, technology, industrials.
- Notable Investments: XPeng, NIO.
Where Is Leapmotor’s Headquarters?
Leapmotor is headquartered in Coventry, United Kingdom, a region known for its automotive engineering heritage and EV innovation ecosystem. The location provides access to advanced manufacturing talent, research institutions, and strategic proximity to European markets.
What’s Next for Leapmotor?
Leapmotor is focused on expanding its global footprint through strategic partnerships, scaling EV exports, and co-developing vehicles with international automakers. With strong backing from Stellantis, the company is poised to enter new markets, broaden its EV lineup, and accelerate its autonomous driving roadmap.
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