According to a report by Chinese media outlet JiemianWu Baojun, the co-founder and president of Chinese EV producer Leapmotor, has actually resigned. Leapmotor will no longer have a president position.
Wu Baojun signed up with Leapmotor in May 2020, where he was accountable for company advancement, marketing, production, and supply chain management. Prior to signing up with Leapmotor, he had actually operated at Peugeot, Guangzhou Honda, Guangzhou Toyota, and Zhongcheng Insurance.
A source near Leapmotor exposed that Wu Baojun has actually not been associated with the operation of the business for a year. Over the previous year, he has actually primarily been accountable for method and federal government affairs, and his departure will not have much effect on the business’s operations.
In December 2023, Leapmotor provided 18,618 brand-new cars and trucks, a year-on-year boost of 119%. In 2023, it provided an overall of 144,155 vehicles, a year-on-year boost of over 29%. Because its facility, the overall variety of shipment has actually gone beyond 300,000.
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