Leapmotor Crosses 100,000 Again as October Deliveries Hit 106,127

Leapmotor keeps its foot on the pedal. The Chinese automaker moved 106,127 vehicles worldwide in October, a fresh company record and its fourth straight month above the 100,000 mark — a plateau very few EV brands have managed to hold.

The headline number is striking, but the momentum behind it is cooling. Year-on-year growth came in at 50.99%, while the month-over-month gain was a razor-thin 0.45%. Both figures are softer than September, when the brand posted 58.51% and 2.45% respectively. Nothing alarming, yet the curve is clearly flattening.

The Annual Target Is Now a Sprint

Through the first ten months, Leapmotor has handed over 772,666 vehicles, up 65.88% versus the same stretch last year. Against its own stated goal of 1 million units for the year, that works out to 77.27% completion.

The arithmetic for the remainder is unforgiving. To hit the target, the company must deliver another 227,334 vehicles in November and December — an average of 113,667 per month. That sits above what October produced, so the final two months have to be the strongest of the year.

On the production side, Leapmotor says cumulative global deliveries passed 1.9 million by the end of October, and its two-millionth vehicle should leave the line sometime in November.

Europe and Southeast Asia Do the Heavy Lifting

Overseas markets are increasingly where the growth comes from. In October, series production of the B10 began at the Zaragoza plant in Spain, giving Leapmotor a second Spanish site alongside its battery facility in Mallén, which handles module assembly and related processes.

The brand also took its full lineup to the Paris Motor Show, where the A05 and the flagship D19 SUV had their European debuts.

In Thailand, the A10 battery-electric compact SUV — sold internationally as the B03X — launched on October 30 and is already on display at 19 local showrooms. An updated C10 is slated for Thailand before year’s end, with the sales and service network due to grow to 30 locations.

That overseas push runs through Leapmotor International, the joint venture with Stellantis, which holds a 51% stake and holds exclusive rights to build and sell Leapmotor products outside Greater China.

Fresh Metal at Home, and a Second Brand Waiting

Domestically, the A10s arrived on October 18, adding sportier styling, a revised cabin and extra comfort kit to the A10 family. The A10 line accounted for roughly 23% of September deliveries.

There’s more coming. Leapmotor’s founder has said a second brand will launch in the fourth quarter of next year, with its first product pitched as the automotive equivalent of a smartphone displacing a feature phone.

October Snapshot: 106,127 deliveries · +50.99% YoY · +0.45% MoM · 772,666 units year-to-date · 77.27% of the 1 million target

For now, the story is one of scale meeting a stretched goal. Leapmotor has proven it can sustain six-figure monthly volumes; the question is whether Spain, Thailand and a packed product calendar can push the average high enough to close out the year on target.