Minieye Technology, a China-based smart driving and smart cabin solutions provider, has applied for a Hong Kong IPO to raise about US$150 million. The listing is sponsored by CITIC Securities and CICC. Minieye offers L0 to L2++ intelligent driving solutions and is developing L4 autonomous driving technology. Pre-listing investors include $CICC (03908.HK)$ , $NavInfo Co., Ltd. (002405.SZ)$ , and BABA CEO Eddie Wu. 
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$

Recently the market of NEVs seems to not  be going well, and the stocks of some major NEVs manufacturers have generally witnessed a down.
But if you eye on the NEV market in China, you can find that there is a huge potential for growth. Support of policies, progress in 5G and AI, growing market demand...all of these positive elements will boost a major growth in this industry.
$BYD Company Limited (002594.SZ)$ $NavInfo Co., Ltd. (002405.SZ)$