Leapmotor Pre-IPO

Leapmotor (LM) aims to raise around US$1bn in its Hong Kong IPO. LM is a smart EV company based in China, founded in 2015. It primarily focuses on the mid- to high-end segment in China’s NEV market with a price range of RMB150,000-300,000. As of FY21, it had launched and delivered three models over the past three years. In 2019, it started production of the S01, its first mass-produced smart EV, its smart electric mini car, the T03, began delivery in 2020 and the C11, a mid-sized smart electri...