China Auto Daily丨Leapmotor Lafa5 Pre-sales Begin, Priced from RMB 105,800

Leapmotor Lafa5 Pre-sales Commence with Pricing from RMB 105,800  

Leapmotor initiated pre-sales for its new strategic sports coupe, the Lafa5, with pre-sale pricing set between RMB 105,800 and RMB 131,800 (approximately USD 14,900-18,600) on November 7, 2025. Developed on the Leapmotor LEAP 3.5 technology architecture, the model features the flagship Qualcomm Snapdragon 8295P chip powering its intelligent cockpit system. Under CLTC testing conditions, the Lafa5 achieves a rated range of 605 km while supporting fast charging that replenishes energy from 30% to 80% in just 18 minutes. Leapmotor confirmed the model will officially launch on November 28, with global market expansion scheduled throughout 2026.

Changan Qiyuan A06 Launches with Official Pricing Starting at RMB 109,900  

On November 11, Changan Qiyuan announced official pricing and specifications for its A06 model, with all-electric variants seeing a RMB 10,000 reduction from pre-sale rates. The pure electric versions now carry official guide prices ranging from RMB 109,900 to RMB 149,900 (approximately USD 15,500-21,100), while two extended-range variants are priced at RMB 119,900 and RMB 129,900 respectively. The A06 integrates a comprehensive sensor suite comprising one LiDAR unit, three millimeter-wave radars, twelve ultrasonic sensors, and eleven cameras for comprehensive scenario perception. The model's 800V silicon carbide high-voltage platform combined with 6C flash charging technology enables rapid replenishment - adding 1 km of range in 2 seconds or 330 km of range within a 10-minute charging session.

China's Used Vehicle Market Records RMB 946.2 Billion in Transactions During First Three Quarters  

Cui Dongshu, Secretary General of the Passenger Vehicle Association, reported China's used vehicle transactions reached 1.79 million units in September, representing monthly growth of 5.1% and an annual increase of 8%. The total transaction value for September amounted to RMB 110.5 billion, up 3.8% year-on-year. Cumulative figures for January through September show 14.73 million used vehicles changing hands, a 3.6% increase compared to the same period last year, with total transaction value reaching RMB 946.2 billion (approximately USD 133.3 billion) - a slight growth of 0.7% year-on-year. The data indicates steady market activity despite broader economic fluctuations.

*(Exchange rate: RMB 7.1 = USD 1)*