Dahua, Sequoia China-backed EV startup Leapmotor files for HK IPO

Dahua, Sequoia China-backed EV startup Leapmotor files for HK IPO

Visual from LeapMotor's website

Zhejiang Leapmotor Technology has filed for an initial public offering (IPO) in Hong Kong becoming the latest Chinese electric vehicle (EV) company to tap international investors in the Asian financial hub.

Hangzhou-based Leapmotor, backed by Sequoia Capital China and video surveillance company Zhejiang Dahua Technology, has yet to reveal the number of shares that it intends to sell and the size of the IPO.

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