Leapmotor's lithium-ion battery cell purchase price has dropped to 0.4 yuan per Wh and is expected to be lower than 0.4 yuan by the middle of the year.

Leapmotor announced that its purchase price of lithium-ion battery cells has dropped to 0.4 yuan per Wh, and is expected to be below 0.4 yuan by the middle of the year. This price reduction will bring consumers a lower-cost electric vehicle option.