Zhu Jiangming, CEO Of Leapmotor: In Three Years, Domestic Pure Fuel Vehicles May Not Exist

Oct 19, 2024 Leave a message

IT Home reported on October 16 that during the 2024 Paris Motor Show, which opened on October 14, the new model B10 of Leapmotor made its world debut. During this period, Zhu Jiangming, CEO of Leapmotor, said in an interview with the media that the domestic auto market is extremely competitive, and the penetration rate of new energy vehicles is growing rapidly. In three years, domestic pure fuel vehicles may not exist, or become the exclusive domain of a few pure car enthusiasts.

 

Zhu Jiangming revealed that the price range of the B10 released this time is 10-150,000 yuan, with the largest share and the most fierce competition in China, but he has "absolute confidence" in the product and positioning.

 

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According to the data of the Passenger Federation Branch, the retail sales of narrow passenger cars in the country in September were 2.109 million, a year-on-year increase of 4.5% and a month-on-month increase of 10.6%; Since the beginning of this year, a total of 15.574 million units have been retailed, a year-on-year increase of 2.2%. Among them, the retail sales of conventional fuel vehicles in September were 990,000, a year-on-year decrease of 22% and a month-on-month increase of 12%; From January to September, the retail sales of conventional fuel vehicles were 8.44 million, a year-on-year decrease of 16%. In September, the retail penetration rate of new energy vehicles in China was 53.3%. In September, the broad passenger car market retailed 2.125 million units, a year-on-year increase of 4.3%.

 

According to a previous report by IT House, the development of new energy vehicles in China ushered in a historic moment in July this year, and the penetration rate exceeded 50% for the first time in that month, reaching 50.84%.

 

The unveiled Leapmotor B10 is based on Leapmotor's latest LEAP3.5 technology architecture, and is officially advertised to be equipped with "the only intelligent driving solution with LiDAR + 8650 chip in its class", which can realize automatic navigation assistance at high speeds and in urban areas. The intelligent cockpit will use the 8295 chip, and the voice assistant will be connected to the cloud model.