China’s Second-Tier EV Makers Rush to List in Blooming Market

(Source: Aiways)

After public listings by XPeng, NIO, and Li Auto in China and overseas, the second echelon of the country’s electric vehicle industry, including firms such as Leapmotor, WM Motor, and Aiways, is embarking on a new round of IPOs in a bid to secure more funding.

In January of last year, WM Motor completed the listing guidance for Shanghai’s…