Luxeed Set to Secure Independent Auto Manufacturing License, with Insiders Verifying IPO Ambitions
12 hour ago / Read about 0 minute
Author:小编   

On October 16, the Ministry of Industry and Information Technology unveiled the 412th batch of the List of Road Motor Vehicle Manufacturing Enterprises and Products. Anhui Luxeed New Energy Automobile Co., Ltd. (hereinafter referred to as “Luxeed”) featured prominently on the roster of “new vehicle manufacturing enterprises slated for approval,” with the public comment period slated to conclude on October 23. Following this announcement, word quickly spread that 'Luxeed has secured independent automobile manufacturing credentials.' On October 17, sources within Luxeed confirmed that, pending the successful completion of the public comment phase and subsequent approval, Luxeed will indeed attain independent auto manufacturing status, with production set to take place at a Chery factory. Additionally, the insider revealed that Luxeed has aspirations for an independent public listing down the line.