国信证券发研指，欧盟关税落地，整体偏温和且有谈判余地，有望成为汽车出口新增量。公司2025年全球发布B系列车型。国内采用经销商模式，可以吸纳原合资经销商的优质门店;海外借力Stellantis的渠道、运营禀赋，由欧洲扩张至全球。公司在欧销售车型和欧洲热销车型相比，产品力强、性价比高。LEAPMOTOR (09863) rises over 4% again, as of the time of writing, up 3.55%, priced at 32.1 Hong Kong dollars, with a transaction volume of 77.141 million Hong Kong dollars.
According to Zhitong Finance APP, LEAPMOTOR (09863) rises over 4% again, as of the time of writing, up 3.55%, priced at 32.1 Hong Kong dollars, with a transaction volume of 77.141 million Hong Kong dollars.
In terms of news, LEAPMOTOR previously announced that in November, sales reached 40,169 vehicles, a year-on-year increase of 117.0% and a month-on-month increase of 5.2%, setting a historical high for several months in a row. This year, from January to November, LEAPMOTOR's cumulative sales reached 251,000 vehicles, a year-on-year increase of 100.1%, achieving the 2024 sales target of 250,000 vehicles ahead of schedule. Changjiang Securities pointed out that looking ahead, the new car cycle in the domestic market will bring continuous sales growth, and overseas cooperation with Stellantis will achieve light asset expansion, opening up global sales space.
Guosen Securities published a research report stating that the EU tariffs have been implemented, overall easing with room for negotiation, which is expected to become a new volume for automotive exports. The company plans to globally release B series models in 2025. Domestically, it adopts a Dealers model, which can absorb quality stores from former joint venture dealers; abroad, it leverages Stellantis's channels and operation capabilities to expand from Europe to the global market. The company's sales models in Europe have strong product capability and high cost-performance compared to hot-selling models in Europe.
