：《The Truth Behind FAW Group's Rush to Acquire Leapmotor》 In 2025, Leapmotor broke out to become the sales champion among China's new-generation EV makers, delivering 70,000 vehicles per month. Its success is rooted in its focus on the household market and its range-extended powertrain strategy.Against the backdrop of shrinking its China business, Stellantis Group spent about €1.5 billion in 2023 to acquire roughly 20% of Leapmotor and used its European plants to produce Leapmotor models. Stellantis Group also took full charge of Leapmotor's European operations, instantly turning Leapmotor into the role model for new-age EV manufacturers.Recent reports suggest that FAW Group may become Leapmotor's largest shareholder through a phased, targeted share issuance. Regardless of the final structure, Leapmotor has already won both the domestic and overseas markets.If FAW Group gains control, Leapmotor would become a state-owned automaker, and monthly sales could exceed 100,000 units soon. But for FAW Group, this acquisition is far more than a simple investment—it is a major strategic move to revitalize the group's core assets.