Lingyi Auto Files for Hong Kong IPO, Adding to New Force EV List

Lingyi Auto filed its listing application with the Hong Kong Stock Exchange in early June 2026, becoming another new force EV brand following NIO, XPeng, and Li Auto. The company focuses on new energy commercial vehicles, with 2025 revenue surging over 200% year-over-year, though profitability remains elusive. IPO proceeds will primarily fund capacity expansion and R&D.