FAW Set to Invest in Leapmotor, But with a Smaller Stake Than Expected
State-owned automaker FAW is reportedly getting ready to invest five percent of its equity into the fast-growing electric vehicle startup Leapmotor. Despite earlier rumors suggesting a ten-percent stake, it looks like FAW has decided on a smaller investment.Key TakeawaysFAW will acquire 5% of Leapmotor's equity instead of the previously rumored 10%The deal is expected to be finalized later this year, but details on how much FAW would pay for its stake are still unclear.Leapmotor’s strong financial performance and consistently high sales figures have convinced FAW to move forward with an investment despite taking a smaller share than originally planned.The collaboration between the two companies began in spring 2025, resulting in their first joint vehicle project. This partnership has been ...