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Leapmotor Tops Feb EV Sales, Xiaomi & Wenjie Plunge

Leapmotor Tops Feb EV Sales, Xiaomi & Wenjie Plunge

Leapmotor delivered 28,067 vehicles to claim the top spot among new forces in February, with Li Auto close at 26,421 units and the smallest MoM decline of 4.5%. Xiaomi placed fourth with over 20,000 deliveries, while Wenjie (~18,000) and Xpeng (15,256) suffered drops exceeding 20%. Firms are discounting to clear stock ahead of key March launches like Leapmotor A10 and Ideal L9 Livis.