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OP Mobility Secures Two Contracts with Leapmotor for the European Market

Automotive supplier OPmobility has won two contracts from Leapmotor International for the supply of front and rear bumpers as well as trunk doors for passenger cars in Europe. These initial contracts awarded by the Chinese manufacturer outside of China signify an expansion of the business relationship established since 2023 through the Sino-French joint venture YFPO.


OP Mobility Secures Two Contracts with Leapmotor for the European Market

Two Contracts for the Supply of Exterior Body Parts

OPmobility has secured two contracts with Leapmotor International, a joint venture resulting from the collaboration between Stellantis and the Chinese manufacturer Leapmotor. The supplied parts include front and rear bumpers as well as trunk doors intended for passenger cars marketed in Europe.

These contracts represent the first markets that Leapmotor has entrusted to OPmobility outside of China. Their award underscores the group's ability to support Leapmotor's international expansion by leveraging its global presence in R&D and production.

Production in Spain Starting from 2027

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The production of bumpers and trunk doors will begin in 2027 and will take place in OPmobility's existing facilities in Spain. The group benefits from an established industrial presence and a deep understanding of the European market, assets mobilized to serve its international clients expanding on the continent.

This collaboration is an extension of the relationship already established between OPmobility and Leapmotor in China since 2023, through YFPO, the joint venture between OPmobility and the Yanfeng group. YFPO has become the market leader in China for exterior body solutions, including bumpers, trunk doors, and modules.

Strengthening of Ongoing Commercial Diversification

Félicie Burelle, CEO of OPmobility, stated: 'This is the second significant award that OPmobility has won in a few months to support a Chinese automotive manufacturer in Europe. Our production capabilities in Europe and around the world are valuable assets for clients looking to expand beyond their domestic markets.'

This award underscores the strength of the relationship forged by OPmobility with Leapmotor in China over the years, alongside its historic partnership with Stellantis and Leapmotor, the two parent companies of Leapmotor International. These successes demonstrate the effectiveness of OPmobility's diversification strategy and its ability to operate across a broad client base, through multiple technologies and geographical areas.



Sector Industrie · Automobile Pièces Automobiles


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Context

Period
  • Period: 3T 2025
Guidance from the release
  • La performance du Groupe au troisième trimestre illustre l’agilité et l’engagement de nos équipes et notre capacité à créer de la valeur dans la durée.
  • Chiffre d’affaires économique du 3e trimestre 2025 à 2 719 millions d’euros, croissance organique de +2,6 % ; forte progression en Amérique du Nord et en Asie ; émission obligataire de 300 millions d’euros en juillet 2025 ; confirmation des objectifs 2025 visant l’amélioration des agrégats financiers et la réduction de la dette nette.
Risks mentioned
  • Volatilité macroéconomique et contexte géopolitique
  • Impact des variations de taux de change (impact de change de 75 millions d’euros sur le chiffre d’affaires consolidé au 3e trimestre 2025)
  • Droits de douane affectant différemment les clients
  • Périodes de fermeture d’usines clients (impact sur Modules et certaines activités en Europe)
Opportunities identified
  • Accélération du développement en Inde avec ambition de plus que doubler les ventes d’ici 2030
  • Croissance soutenue en Amérique du Nord et en Asie
  • Développement de packs de batteries et solutions hydrogène pour la mobilité collective
  • Partenariat stratégique avec HESS AG pour les packs de batteries

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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