On May 8, in Hangzhou, Zhejiang, Changshu Automotive Decoration Group and Leapmotor held a joint venture signing ceremony to jointly develop, produce and sell interior and exterior trim systems such as instrument panels, door panels, and pillars, as well as modular parts.
Changshu Automotive Decoration Group Chairman Luo Xiaochun, Executive Deputy General Manager Luo Xifang, Wuhu Segment General Manager Qian Zhiguo, etc., together with Leapmotor Chairman Zhu Jiangming, Senior Vice President Cao Li, Vice President Shu Chuncheng, and Financial General Manager concurrently serve in the joint venture project General manager Li Tengfei and others attended the signing ceremony.
Han Xiaocheng, Secretary of the Party Working Committee and Director of the Management Committee of Changshu Yushan High-tech Zone, and Secretary of the Party Working Committee of Changfu Subdistrict, attended the signing ceremony。
The cooperation between Changshu Automotive Decoration Group and Leapmotor began in 2020. The two parties have cooperated on interior projects such as T03 sub-instrument panel, C11 door panel, C01 door panel, C10 main and sub-instrument panels, C16 main and sub-instrument panels.
After the signing, the two parties will establish a joint venture in Jinhua, Zhejiang, to give full play to their respective advantages to develop, produce and sell automotive interior and exterior trim systems, modular parts, lightweight and new material automotive parts, molds, intelligent equipment, etc., to further optimize the zero-running The entire vehicle supply chain improves Changshu Automotive Decoration's delivery capabilities, enhances the company's core competitiveness, and jointly brings consumers a better and more comfortable product experience.
This joint venture signing is an important layout of Leapmotor in the field of new energy automobile parts. It will help further optimize the supply chain system of Leapmotor, improve the quality of parts and ensure the stable supply of parts. At the same time, this project will also further expand Changshu Automotive Decoration's business in the field of new energy automobile parts and enhance its market competitiveness.
Both parties stated that they will give full play to their respective advantages and cooperate closely to ensure the smooth progress of the project company and promote the development of the new energy vehicle industry as soon as possible.
About Leapmotor
Leapmotor was born in 2015. The company is headquartered in Hangzhou, Zhejiang Province, China. Its business scope covers intelligent electric vehicle vehicle design, R&D and manufacturing, intelligent driving, motor electronic control, battery system development, and Internet of Vehicles based on cloud computing. solution.
As a technology-based enterprise, Leapao Automobile develops and manufactures all core components of its vehicles independently, including three electric and intelligent systems. Self-developed and self-manufactured accounts for 60% of the total vehicle cost, and has successively launched the industry's first eight-in-one electric drive, the industry's first mass production of CTC battery-chassis integration technology, and the industry's first "four-domain-in-one" centrally integrated electronic and electrical architecture and other leading smart electric technologies. Leapmotor adheres to the user-centered value proposition. The products on sale include C10, C11, C01, and T03, and also provides pure electric + range-extended dual power options.
In 2023, Stellantis Group took a stake in Leopao; in early May 2024, the two parties formally established Leopao International Joint Venture to develop the international market.
The original text was originally posted on the WeChat public account (Changshu Automotive):Changshu Automotive Decoration Group signed a joint venture with Leapmotor - working together to optimize the supply chain and enhance core competitiveness