Leapmotor is only the second Chinese EV startup to achieve profit in the first half, along with Li Auto, with a net profit of CNY30 million (USD4.2 million), the firm said today. This is a big turnaround from the net loss of CNY2.2 billion (USD306 million) it racked up a year earlier. Revenue soared 174% to CNY24.3 billion (USD3.4 billion) and deliveries surged two-and-a-half to over 221,660 units.