China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor

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Source: South China Morning Post
Published: 2025-12-29 18:31 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, Business & Economy, Asia Pacific
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Snippet:
‘Leapmotor aims to achieve annual deliveries of 4 million units a year in 10 years’ time,’ founder and CEO Zhu Jiangming says
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