Leapmotor sets new sales records in Q3 2024; C-Series models driving major growth
KUALA LUMPUR: Stellantis Malaysia's new energy brand, Leapmotor, made its local debut last month with the launch of the Leapmotor C10. While the C10 has been grabbing much attention in Malaysia, the brand has been setting new records in both production and sales.
KEY TAKEAWAYS
How many units has Leapmotor sold so far this year?
Leapmotor has sold a total of 172,861 cars this year, representing a y-o-y growth of 94.6%.What are the top-selling Leapmotor cars?
The top-selling Leapmotor cars are - C11, C10, and C16.Leapmotor rolled off its 500,000th mass-produced vehicle from its assembly line in October this year; the commemorative model was the Leapmotor C16 Intelligent Driving Edition. The automaker produced 100,000 cars in just over 100 days, going from its 400,000th vehicle to its 500,000th vehicle, highlighting its rapid growth and efficiency in manufacturing.
Speaking of the sales milestone, Leapmotor set a new sales record in the third quarter of 2024. The brand sold 86,165 cars in the third quarter, representing a 61.7% quarter-on-quarter growth compared to the previous quarter.
The year-to-date sales now stand at 172,861 cars, which showcases an impressive hike of 94.6% over the units sold in the first three quarters of the previous year.
In October 2024, Leapmotor sold 38,177 units and received over 40,000 new orders with models C11, C10, and C16 each bagging over 10,000 reservations. These three SUVs have formed a strong lineup, catering to different consumer needs and driving a boost in sales.
During Q3 2024, the C Series models made up about 78.3% of the company's total sales. “The C Series products are crafted for younger generations and middle-class families who are rational, pragmatic and tech-savvy. Such users prioritise comfort and space, quality and safety, and pursue intelligence and other integrated functions and product experience.,” says the automaker.
Let’s know Leapmotor C Series models in brief, starting with the C10.
Leapmotor C10
The Leapmotor C10 is a D-segment five-seater electric SUV, which is offered in a sole Design variant in Malaysia, priced at RM 159,000. It boasts a sleek and futuristic exterior that reflects its forward-thinking design. The premium, minimalist cabin comes loaded with tons of advanced creature comforts.
Powering the Malaysia-spec Leapmotor C10 is a single rear motor producing a maximum power of 218 PS and a peak torque of 320 Nm. The motor is fed by a 69.9 kWh battery pack, offering a range of 424 km on a full charge.
Leapmotor C16
The Leapmotor C16 is an MPV with SUV-inspired looks that comes in both fully electric and extended-range versions in China. The pure electric model comes with a powerful motor and a 67.7 kWh battery, providing a driving range of 520 km while the extended range version features a combination of a 1.5-litre engine and an electric motor for a combined range of 1,095 km.
Leapmotor C11
The Leapmotor C11 is a mid-size SUV that comes in pure electric and range extender electric version (EREV) in the Chinese market.
The C11 EV offers two powertrain choices - a rear-drive RWD with a single motor outputting 272 hp and 360 Nm, or a dual-motor all-wheel-drive 4WD option that provides 544 hp and 720 Nm.
The C11 EREV, on the other hand, combines a 1.2T turbocharged three-cylinder petrol mill and a 268 hp rear-drive electric motor. It is powered by a 43.74 kWh ternary lithium battery, offering a pure electric range of 285 km, with the total vehicle range being 1024 km.
After the C-Series models, Leapmotor is geared up to launch the B Series models both in the domestic and international markets. It introduced the world’s first model of the B Series, the B10, at the 2024 Paris Automobile Show in October, which received overwhelming and significant attention globally.
Also read: Stellantis Malaysia opens new multi-brand showroom on Old Klang Road
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