Luxeed Gets Independent Vehicle Manufacturing License, Plans IPO
2026/10/19
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Luxeed Gets Independent Vehicle Manufacturing License, Plans IPO
China's MIIT released the 412th batch of road motor vehicle producer and product announcements, with Anhui Zhijie New Energy Vehicle Co., Ltd. on the list. After the announcement period, Luxeed will be approved for independent vehicle manufacturing qualification, allowing it to independently declare vehicle models, manufacture vehicles and bear legal responsibility without relying on Chery as a contract manufacturer. The production address remains unchanged, with capacity transferred from Chery to Zhijie. The independent qualification enhances the company's financing valuation and supply chain autonomy, supporting plans for a future IPO.
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