HK Listing

Leapmotor, whose ticker symbol is "9863," will raise up to $1 billion in a Hong Kong IPO.

The C01 Pro+ performance version boasts the fastest acceleration of any EV model in its price range, going from 0 to 100 km/h in 3.7 seconds, according to its latest prospectus.

Leapmotor applied to list in Hong Kong on March 17, and its prospectus shows it plans to launch eight new models by the end of 2025.

It was previously rumored that Tesla would participate in the share subscription for Tianqi Lithium, although this was not confirmed.

Previously BYD has made a strategic investment in another Chinese lithium producer, Chengxin Lithium, and signed a lithium procurement contract with it.

The company reportedly plans to raise up to $1 billion through its listing, becoming China's fourth EV startup to float shares in Hong Kong.

Leapmotor plans to launch 1-3 new models each year in the next few years and a total of eight new models covering sedans, SUVs and MPVs by the end of 2025.

CALB's first filing did not mention the amount it plans to raise, but media reports previously suggested its IPO could raise up to $1.5 billion.

Tianqi Lithium has submitted the first version of its listing documents to the Hong Kong Stock Exchange, applying for a hearing.

The filing does not reveal where Leapmotor plans to go public or the target amount of funding, but previous reports have suggested Leapmotor was considering an IPO in Hong Kong.