Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform for Hongqi's new EV model for overseas sales. The agreement represents a win for Leapmotor, which has recently rolled out an all-electric B10 SUV equipped with smart-driving features and lidar sensing technology. Leapmotor is also in talks with Ferrari for a similar partnership. The new Hongqi model will share the same platform as Leapmotor's B10 and will be manufactured in Leapmotor's Hangzhou plant in China.