China’s second largest EV maker files for US listing

Li Auto, the second largest electric vehicle maker in China files for IPO listing in the USA.

Backed by the food delivery giant Meituan DIanping, Li Auto is five years old. formerly knows as CHJ Automotive, Li auto has 21 shworooms in China and plans to triple this number by the end of 2020.

According to Reuters, Li auto aims to raise $500 million through this IPO.

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