Leadrive Technology (SHANGHAI) Co., Ltd.: Hidden Champion of New Energy Vehicle E-Drive Controls! Leadrive Resubmits HKEX Listing Application
NewTimeSpace News: Leadrive Technology (Shanghai) Co., Ltd. resubmitted its listing application to HKEX on 22 July, with CITIC Securities and Haitong International acting as joint sponsors. The Company is a technology-driven supplier of electric drive control solutions focusing on new energy passenger vehicles. According to Frost & Sullivan, measured by 2025 sales revenue, the Company ranks No.1 in China for dual-motor controllers and primary drive power bricks. It has secured 59 project nominations from 15 OEMs, with its solutions deployed across 92 vehicle models.
NewTimeSpace News: Leadrive Technology (Shanghai) Co., Ltd. refiled its listing application with The Stock Exchange of Hong Kong Limited on 22 July 2026. CITIC Securities and Haitong International are appointed as joint sponsors.
The Company is a technology-driven supplier of electric drive control solutions, primarily serving the new energy vehicle sector. As a native new energy vehicle enterprise, leveraging its forward design capability, it develops electric control solutions optimised for next-generation vehicle architectures from scratch, building a layered solution portfolio covering power modules, motor control units and power bricks. The Group is among the first players to launch and achieve large-scale commercialisation of power brick solutions. The power brick architecture significantly simplifies assembly procedures for electric drive systems, improves platform reusability and shortens development cycles.
Per Frost & Sullivan statistics based on sales revenue in 2025: the Company ranks No.1 in China for dual-motor controllers and primary drive power bricks, sixth for motor control units and seventh for power modules.
As at 31 May 2026, the Group has won 59 project nominations from 15 OEMs either directly or via tier-one suppliers. Its solutions have been adopted in 92 vehicle models, of which 74 have entered mass production. The Group has extended the power brick architecture to low-power automotive controllers for the power domain and chassis domain, and further provides domain controller solutions.
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