Leapmotor delivered 101,267 vehicles globally in July, becoming the first of China’s emerging electric-vehicle makers to clear 100,000 units in a single month.
The figure represents a 102% increase from a year earlier and an 8.5% rise from June’s 93,376 units, marking a fourth consecutive monthly record for the Stellantis-backed automaker.
Deliveries for the first seven months of 2026 total 457,754 vehicles, and cumulative global deliveries since launch reach 1,653,857.
A model-level split is not part of the monthly release. The China Passenger Car Association is expected to publish its model-by-model figures next week, which will separate the A, B, C and D series.
The Target Is Moving Away, Not Closer
Leapmotor is targeting one million deliveries in 2026, roughly double the nearly 600,000 vehicles it handed over in 2025.
The July total puts the company at 45.8% of that goal with five months remaining.
Reaching one million would now require an average of 108,449 vehicles a month from August through December, a figure that sits above July’s record and above the 107,253 monthly average the same calculation produced at the half-year mark.
A record month, in other words, left the required pace higher than before, because the run rate demanded by the target rises faster than the company has been able to lift volume.
Senior vice president Xu Jun said in mid-July that Leapmotor had no plans to adjust the one-million figure, acknowledging that the company outperformed the broader market and its own prior results in the first half while still falling short of its own goal, and describing the target as intended to push the company forward.
Most Chinese automakers closed the first half with less than 40% of their annual targets completed, and Leapmotor stood at about 35.6% at that point.
What Carried July
Two models did most of the visible work.
The A10 compact SUV, which opens the range near 65,800 yuan, delivered close to 30,000 units in the month, making it the company’s volume anchor.
The D19, the flagship full-size SUV, cleared 10,000 units and was described by the company as the best-selling full-size SUV priced under 400,000 yuan in China.
Leapmotor now covers the 60,000-to-300,000-yuan band across four series, and the July result is the first month in which all four contributed at scale.
The D99, the company’s first multi-purpose vehicle, launched on June 25 priced from 249,800 to 319,800 yuan and began deliveries on July 20, so July carries only a partial contribution from it.
Refreshed versions of the B01 sedan and B10 SUV went on sale on July 16 after opening for pre-orders on July 8, extending a product offensive that had already refreshed the C10, C11 and C16 onto an 800-volt architecture in June.
The B10 delivered 13,464 units in June, 14.4% of that month’s total.
The Overseas Engine
Exports approached 100,000 units in the first half, already above the full-year 2025 total of roughly 67,000, with Leapmotor International — the 51/49 joint venture with Stellantis — profitable in Europe.
Italy remains the standout market, where Leapmotor holds more than a third of the battery-electric segment and the T03 city car is the best-selling fully electric model.
European registrations reached 56,005 units in the first half, and Leapmotor grew faster in percentage terms than any other Chinese-owned group on the continent, registering 43,037 cars across the first five months on a 552.9% increase from a small base.
In the United Kingdom the brand registered 2,150 cars in June, taking 1% of the new car market and 3% of the electric market, with more than 11,000 registrations since launching there in spring 2025 and over 60% of sales going to private buyers, roughly double the industry average for electric cars.
The five largest Chinese-owned groups together took about 11% of the EU, EFTA and UK market in the first half.
Local Assembly Scaling
Stellantis began assembling the C10 at Gurun in Kedah, Malaysia, after a five-month delay, with the B10 to follow.
Assembly is starting in Zaragoza, Spain, and an Indonesian knock-down plant began production on July 31, with the first locally built B10 and C10 deliveries expected in August.
The move gives Leapmotor two knock-down bases in Southeast Asia, a position few Chinese electric-vehicle brands hold, and the company said it plans to introduce one new model a year in Indonesia and neighbouring markets.
The Lafa 5 hatchback launched in Hong Kong and is rolling out across 28 countries and regions, the B10 launched in Morocco, and B03X orders have opened in Europe.
Competition in the same European price band is tightening. XPeng launched its L03 SUV from €34,990 across eight European markets in July, aimed squarely at the segment Leapmotor has used to build its European base.
Profit Behind the Volume
Leapmotor posted its first full-year profit in 2025, with net income of 540 million yuan on revenue that roughly doubled, and is targeting five billion yuan in net profit for 2026.
The company confirmed on its first-quarter call that a second brand aimed above 300,000 yuan is in development, with first products expected between late 2026 and early 2027, while FAW Group’s 5% stake supports a jointly developed Hongqi model for overseas markets.
Second-quarter deliveries reached 246,332 units, up 83.7%, and first-half deliveries 356,487, up 60.8%.
