Leapmotor Expects 2025 Profitability, Launching EV with Airline-Like Seats

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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 maturing EV market. One would have thought this was too late to launch a successful EV push. Numerous Chinese EV producers had already come, and many had gone as well. However, Leapmotor has done exceptionally well.

Leapmotor Winning in 2025

The news this week is that the company is indeed expecting full-year profitability in 2025. It is likely to sell just under 600,000 cars.

China is its main market, of course, but the company has been one of the most successful at achieving sales outside of China as well. The company intends to significantly grow its exports in 2026 and reach 1 million total annual sales. The company’s initial 2025 target was to reach 500,000 sales, but that was achieved on November 15, so the target was raised to 600,000.

The company achieved net income in both the 2nd and 3rd quarter of 2025, with its 3rd quarter net income being more than its 1st quarter net loss. Naturally, the 4th quarter, the best for EV sales in China and most places, is expected to be a profitable one as well.

“2025 marks our 10th year since founding the company. We have achieved the goals set five years ago and delivered a solid performance,” Leapmotor CEO, Chairman, and Founder Zhu Jiangming wrote this week.

Coming D19

In the first half of next year, Leapmotor is planning to launch an SUV called the D19. The company shared interior images of the model this week. Looking at the pictures made me think of airplane seating, in the Business Class section.

The interior includes multiple screens, including a large one dropping down from the ceiling for the backseat passengers (3K and 21.4 inches), a refrigerator (8.1 liters), and “zero-gravity” seats. Sounds nice.

The seats include 4-way leg rests and can recline a full 120 degrees.

The fully electric version of the D19 (there’s also going to be an EREV version) has the following details:

• 115 kWh battery pack, providing 720 kilometers (447 miles) of range
• 540 kW of power, allowing 0–100 km/h acceleration under 4 seconds
• 1000-volt platform

Honestly, can you imagine how popular this electric SUV could be in the United States and Europe? And we haven’t even seen the price yet.