chinadaily.com.cn

Leapmotor and China FAW Group expand strategic cooperation on NEVs

FAW Car logoFAW Car
Sig2.48Sen+3.67Env+1.75Soc+0.76Gov+1.29
Leapmotor logoLeapmotor
Sig2.72Sen+4.40Env+1.80Soc+0.83Gov+1.09

Leapmotor and China FAW Group signed an agreement to deepen strategic cooperation across new energy vehicles, intelligent driving assistance, powertrains and battery-related technologies, plus areas such as robotics and financial services. The partnership aims to combine their technology, manufacturing and market strengths as NEV competition intensifies in China; a jointly developed model is nearing mass production and FAW supplies hybrid engines for Leapmotor’s lineup.

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