2 Stories

Leapmotor

Chinese ICE Cars Dominate Overseas as Leapmotor Founder Boosts Stake

Chinese ICE vehicles from Chery and SAIC are dominating overseas markets like South Africa (16% share) and Chile (33%), exporting 4.57M units in 2024 amid EV slowdowns. Meanwhile, Leapmotor founder Zhu Jiangming boosted his stake for the third time (HK$108.6M), backing record deliveries of 536k units Jan-Nov 2025 despite a 33% stock drop. This showcases China's versatile EV and ICE strategies conquering global demand.

Dec 11, 20254 min

Chinese EVsBYD

Chinese EV Sales Surge: Winners, Tariffs, and 2026 Plans

Leapmotor, Xiaomi, and XPeng have exceeded 2025 sales targets amid China's EV boom, with BYD and Geely poised to follow, but NIO and Great Wall lag. Mexico's 50% tariffs threaten exports, while Huawei's HarmonyOS alliance plans 10+ 2026 models and L3 driving. This mix of triumphs and tensions highlights China's EV market's global pivot.

Dec 11, 20254 min

Leapmotor

Chinese ICE Cars Dominate Overseas as Leapmotor Founder Boosts Stake

Chinese EV Sales Surge: Winners, Tariffs, and 2026 Plans

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