SHANGHAI: Chinese electric vehicle maker Zhejiang Leapmotor Technology unveiled on Monday a new platform it developed in-house for making vehicles which its CEO said it wants to license to other automakers.
Companies in the automotive sector use the terms platform and architecture to describe the basic engineering and design that determines a vehicle’s size, weight and key elements of performance. The company is already planning to launch the platform's next generation in 2025, which would include improvements in computing capabilities and smart cockpits, Zhu said.
The company and its fellow Chinese EV start-ups have been struggling with losses and sales slumps since US rival Tesla started a price war at the beginning of the year.
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