Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
LEAPMOTOR Reportedly Aims to Achieve Localized Production in Europe by End-2025
Recommend 3 Positive 2 Negative 1 |
||||
|
||||
|
LEAPMOTOR (09863.HK) planned to realize localized production in Europe, which is expected to be achieved by the end of 2025, in order to reduce tariffs and transportation costs, as a result of the EU's earlier tariff hike on Chinese-made EVs, according to Cailian Press. LEAPMOTOR is targeting a sales volume of at least 500,000 units for 2025, and will further gain market share by launching the B-series models, with an expected gross profit margin of over 10%, according to the report. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
