Chinese electric vehicle maker Leapmotor on Thursday filed a draft prospectus to list its shares on the Hong Kong stock exchange and said revenue in 2021 climbed to RMB 3.1 billion ($488 million) from RMB 631 million a year earlier. However, the company’s net loss also nearly tripled year-on-year to RMB 2.8 billion during the same period as the company expanded its sales and service network with deliveries of 43,748 vehicles in 2021. The company is backed by Sequoia Capital China and currently has three entry-level EVs on sale, with plans to roll out eight new models by 2025. [Leapmotor filings, in Chinese]