Leopaard Motors President Shen Fei: Leopaard's average transaction price has exceeded Cadillac's and is very close to Audi's.

The 2025 Guangzhou Auto Show opened, and at the Ledeo Auto press conference, Ledeo Auto President Shen Fei delivered a speech. He said that Ledeo had delivered over 110,000 pure electric vehicles and achieved a balance of quantity and price. He revealed that Ledeo's average transaction price has exceeded Cadillac and is very close to Audi. When asked if Ledeo will make super range-enhancing vehicles like many competitors, Shen Fei responded that pure electric vehicles with battery swapping do not need range enhancement, as increasing the battery size is already a form of range enhancement. He further questioned, saying that the end goal of range enhancement is pure electric vehicles, and the optimal choice for pure electric vehicles is battery swapping.