Leap Motor Consistently Adheres to 60-Day Payment Term Amid Industry Trend

Published: Jun 11, 2025 13:41
[Leap Motor: The company has adhered to a 60-day payment term since its establishment] On June 11, at the opening ceremony of its 1,500th global store, a media representative from Leap Motor's vice president's office stated that Leap Motor was not the first company to make a commitment statement, but it has consistently adhered to the principle of making payments within 60 days since its establishment. Leap Motor will continue to uphold its past financial strategy and pursue win-win cooperation with suppliers. On June 10, multiple automotive companies, including GAC, Dongfeng, FAW, Seres, Geely, BYD, Changan, and Chery, issued statements committing to unifying their payment terms to suppliers within 60 days.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
22 hours ago
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
Read More
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
According to data from the CPCA, lithium battery exports reached 926,000 mt in January-February 2026, up 63%, while export value rose 43% to $14.2 billion. The export price of lithium-ion batteries fell from $27,300/mt in 2023 and $20,100/mt in 2024 to $15,700/mt, and further to $15,300/mt in 2026. The average price in 2026 declined only 10% YoY, a marked improvement from the 26% drop in 2024 and the 22% drop in 2025.
22 hours ago
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
Apr 3, 2026 17:01
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
Read More
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
Apr 3, 2026 17:01
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
Apr 3, 2026 13:47
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
Read More
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
Recently, Nanning Urban Construction Investment Group and Huahui New Material Technology Co., Ltd. signed an agreement for the lithium/sodium battery dry-process separator intelligent manufacturing project. The total investment for the project is approximately 500 million yuan. It plans to build a new production line with an annual capacity of 1 billion square meters of dry-process separators for lithium/sodium batteries. The project will introduce Guangxi's first new-generation dry-process uniaxial stretching and 4.2-meter-wide biaxial stretching battery separator production line. It is expected that upon reaching full capacity, the annual output value will be approximately 800 million yuan, creating 170 jobs, and establishing the first battery base film production base in Guangxi.
Apr 3, 2026 13:47
[Leap Motor: The company has adhered to a 60-day payment term since it - Shanghai Metals Market (SMM)