Chinese electric car maker Zhejiang Leapmotor Technology Co. has agreed to sell stock worth 3.74 billion yuan ($534 million) to state-owned automaker FAW Group, in a sign that consolidation in the industry is set to accelerate.
Linda Lew is a China Cars Reporter at various esteemed publications. She covers themes related to the automotive industry, focusing on cars, trucks, and lorries, as well as industrial vehicles. Linda's work has been featured in notable outlets including the Sunday Times, Automotive News, Bloomberg Law, and Fortune, among others.










