LEAPMOTOR (09863) shares climbed more than 4% during Hong Kong trading, last up 3.59% at HK$42.16 with turnover reaching HK$131 million.

According to the company's official social media channel, LEAPMOTOR has officially entered the Argentine market with two global models, the B10 and C10. The initial rollout includes 12 sales outlets and 20 after-sales service centers spanning key cities nationwide.

Industry analysts suggest the company's choice of Argentina as its South American entry point aligns with the region's growing demand for new energy vehicles and fits well with its current product lineup. The B10, positioned with competitive pricing and extended driving range, is expected to appeal to younger family buyers, while the C10 extended-range variant addresses long-distance travel needs without range anxiety. Advances in intelligent electric drive systems and fast-charging technology across both models are set to become core competitive advantages for LEAPMOTOR's overseas expansion strategy.