Stock Track | Leapmotor Shares Soar as Company Forecasts Exceeding Annual Sales Target

Stock Track11-12

Shares of Chinese electric vehicle maker Zhejiang Leapmotor Technology Co Ltd (09863) soared by 6.24% on November 11, 2024, as the company announced expectations of surpassing its annual sales target for the year.

In its third-quarter earnings report, Leapmotor revealed that it had delivered 86,165 vehicles during the July-September period, representing a 94% year-over-year increase. The robust quarterly performance, coupled with narrowing net losses, put the company on track to exceed its initial annual sales guidance of 250,000 units.

The upbeat sales outlook reflects Leapmotor's growing popularity in China's booming electric vehicle market. With its innovative product lineup and competitive pricing strategies, the company has positioned itself as a leading player in the domestic EV space, capitalizing on the increasing consumer demand for environmentally-friendly transportation options.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1144593465?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-12 08:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1144593465","market":"hk","top_or_hot":-1,"title":"Stock Track | Leapmotor Shares Soar as Company Forecasts Exceeding Annual Sales Target","media":"Stock Track","content":"<p>Shares of Chinese electric vehicle maker Zhejiang Leapmotor Technology Co Ltd (09863) soared by 6.24% on November 11, 2024, as the company announced expectations of surpassing its annual sales target for the year.</p>\n\n<p>In its third-quarter earnings report, Leapmotor revealed that it had delivered 86,165 vehicles during the July-September period, representing a 94% year-over-year increase. The robust quarterly performance, coupled with narrowing net losses, put the company on track to exceed its initial annual sales guidance of 250,000 units.</p>\n\n<p>The upbeat sales outlook reflects Leapmotor's growing popularity in China's booming electric vehicle market. With its innovative product lineup and competitive pricing strategies, the company has positioned itself as a leading player in the domestic EV space, capitalizing on the increasing consumer demand for environmentally-friendly transportation options.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Leapmotor Shares Soar as Company Forecasts Exceeding Annual Sales Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Leapmotor Shares Soar as Company Forecasts Exceeding Annual Sales Target\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-12 08:53 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Chinese electric vehicle maker Zhejiang Leapmotor Technology Co Ltd (09863) soared by 6.24% on November 11, 2024, as the company announced expectations of surpassing its annual sales target ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09863","symbol_name":"零跑汽车","start_time":0,"source_url":"","article_id":"1144593465","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144593465","pubTimestamp":1731372806,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Chinese electric vehicle maker Zhejiang Leapmotor Technology Co Ltd  soared by 6.24% on November 11, 2024, as the company announced expectations of surpassing its annual sales target for the year.In its third-quarter earnings report, Leapmotor revealed that it had delivered 86,165 vehicles during the July-September period, representing a 94% year-over-year increase. The robust quarterly performance, coupled with narrowing net losses, put the company on track to exceed its initial annua","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09863":"零跑汽车"},"translate_title":"股票赛道零跑汽车股价飙升，因公司预测超过年度销售目标","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09863":1},"content_text":"Shares of Chinese electric vehicle maker Zhejiang Leapmotor Technology Co Ltd (09863) soared by 6.24% on November 11, 2024, as the company announced expectations of surpassing its annual sales target for the year.\nIn its third-quarter earnings report, Leapmotor revealed that it had delivered 86,165 vehicles during the July-September period, representing a 94% year-over-year increase. The robust quarterly performance, coupled with narrowing net losses, put the company on track to exceed its initial annual sales guidance of 250,000 units.\nThe upbeat sales outlook reflects Leapmotor's growing popularity in China's booming electric vehicle market. With its innovative product lineup and competitive pricing strategies, the company has positioned itself as a leading player in the domestic EV space, capitalizing on the increasing consumer demand for environmentally-friendly transportation options.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1144593465"}