# 7-year low interest

Leapmotor’s Steady Cruise, Li Auto’s Tactical Shift — China’s EV New-Players Gear Up for a March Reckoning

February deliveries show a Chinese EV market transitioning from promotional competition to a product-driven phase. Leapmotor’s cost-driven foothold and Li Auto’s cautious inventory and brand-upgrade playbook kept both near the top, while others suffer steeper declines ahead of concentrated model launches in March–Q2.