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Leapmotor, which mainly develops, produces, and sells new energy vehicles, announced today that it had completed a new round of financing worth 4.5 billion yuan ($694 million).
At the beginning of 2022, several Chinese car manufacturers released delivery data for December 2021, showing the development potential of the country's electric vehicle (EV) market.
The website of the China Securities Regulatory Commission (CSRC) showed on Thursday that it has received approval materials for a planned overseas IPO by Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor).
On Monday, Chinese electric vehicle maker Leapmotor released its Cell-To-Chassis (CTC) technology that integrates a battery into the chassis which leads to greater shock resistance and improved strength of the vehicle.
Electric vehicle firm Leapmotor submitted an application for a public listing to the HKEx on Thursday, with China International Capital Corporation (CICC), Citi, JPMorgan Chase and CCB International serving as co-sponsors.
Chinese new energy vehicle enterprise Leapmotor announced on Friday that its total deliveries in March reached 10,059 units, an increase of 193% from the previous month.