China’s no-frills EV maker aiming to become the next BYD
Even as China’s BYD moved ahead of Elon Musk’s Tesla in the world’s EV race in 2025, a less known local rival has been in the rear-view mirror. Leapmotor has produced no-frills, low-cost EVs that have proved a hit with many Chinese consumers. Leveraging its experience from manufacturing security cameras and walkie-talkies, the carmaker has…