Chinese automaker Changan has a plan to publicly sell shares in its premium electric vehicle unit Avatr, but has not revealed when an IPO might happen, according to a transcript of an online briefing with investors released on Wednesday. The company noted it operated a retail network of around 60 direct sales stores as of mid-October and will expand that number to 200 by year-end, while also confirming plans to sell vehicles via Huawei’s offline shops in Beijing and Shenzhen. In August, state-owned Changan, tech giant Huawei, and battery maker CATL jointly launched the Avatr 11, the brand’s first mass-production car, scheduled for delivery in December. [Changan transcript, in Chinese]