BEIJING, March 16 (Reuters) - Chinese EV maker Leapmotor said on Monday that it expected mass production of its vehicles from Spain from October, with some projects with Stellantis being in "advanced
Leapmotor Expects Mass Vehicle Production in Spain Starting October 2025
Leapmotor's Expansion and Financial Performance
Mass Production Plans in Spain
BEIJING, March 16 (Reuters) - Chinese EV maker Leapmotor said on Monday that it expected mass production of its vehicles from Spain from October, with some projects with Stellantis being in "advanced negotiation stages."
Joint Venture with Stellantis
Stellantis is a shareholder for Leapmotor and the two automakers have a joint venture to push overseas expansion.
Assembly Project Timeline
An assembly project in Spain is expected to start mass production in October, the company said in its earnings statement.
Financial Results
The Chinese automaker turned to a net profit of 0.54 billion yuan ($78.31 million) in 2025 from a 2.82 billion yuan loss a year before, it added on Monday.
($1 = 6.8955 Chinese yuan renminbi)
(Reporting by Ju-min Park and Zhang Yan; Editing by Bernadette Baum)
