Luxeed, the electric-vehicle brand developed by Chery and Huawei, is moving toward an independent carmaking license in China, while a company insider says it intends to pursue a standalone IPO in the future. China’s Ministry of Industry and Information Technology included Luxeed in a proposed list of new vehicle manufacturers published on October 16. The public consultation period runs until October 23, after which approval is still required.
The filing gives Luxeed’s production location as No. 8 Wanjiang Avenue in Wuhu Economic and Technological Development Zone, Anhui, and identifies it as a Chery Group member. Chery has simultaneously applied to remove that same address from its own production registration. The arrangement therefore appears to transfer an existing Chery plant and its manufacturing status to Luxeed, rather than add a new factory. The source reports a similar address transfer involving Dongfeng’s Voyah brand in the same filing batch.
If approval is granted, Luxeed vehicles are expected to carry the Luxeed badge instead of Chery’s. The brand’s lineup includes the S7 sedan, R7, V9 MPV and RX electric coupe SUV. Chery had already made Luxeed a separately accounted, independently operated business unit in 2024. The two partners later committed to invest more than 10 billion yuan in Luxeed research and development and expand its R&D workforce to 5,000.
Luxeed sold 90,493 vehicles in 2025, a 56% year-on-year increase. Its sales totaled 43,623 in the first nine months of 2026, down 24.5% from the same period a year earlier. The license and potential listing would mark further steps in the brand’s move toward independent operations.