Leapmotor enters AI field and establishes new company

Leapmotor has established a wholly-owned subsidiary, Zhejiang Lingai Future Technology Co., Ltd., with a registered capital of RMB 600 million, focusing on the research and development of artificial intelligence and Internet of Things technologies. With its technology and supply chain resources in the field of new energy vehicles, Leapmotor is actively expanding into the fields of AI and robotics.