CleanTechnica•2 days ago
Leapmotor Expects 2025 Profitability, Launching EV with Airline-Like Seats
Key Takeaway
The anticipated profitability and new product launches from EV OEM Leapmotor underscore the accelerating electrification trend, driving increased electricity demand and investment opportunities for power developers and large consumers.
AI Summary
- •Leapmotor, an EV OEM, anticipates achieving profitability in 2025, signaling continued maturation and growth in the electric vehicle market.
- •The company is launching a new EV model with premium features, indicating ongoing innovation and consumer appeal in the EV sector.
- •This growth in EV adoption translates to increasing electricity demand for charging infrastructure, impacting load forecasts for power developers and large consumers.
- •The success of EV manufacturers like Leapmotor reinforces the long-term trend towards electrification, influencing investment decisions in generation and grid infrastructure.
Topics
datacenteremissionsfinancingoem
Article Content
Leapmotor feels like “the little EV company that could” to me (a reference to The Little Engine That Could for those from a certain time period). The company was formed in late 2015 and launched its first car in June 2019, in the middle of an already quite big and ... [continued] The post Leapmotor Expects 2025 Profitability, Launching EV with Airline-Like Seats appeared first on CleanTechnica .