Most companies that went public in 2020 faced tremendous uncertainty. Those that defied the pandemic were rewarded with a perfect storm of demand. Let's take a look at 7 relevant examples.
Li Auto and Xpeng
Both Chinese electric vehicles producers went public last summer: Li Auto on July 30, and Xpeng on August 27. Both reported raising more than $1 billion. Furthermore, their stocks tripled since the IPOs, which shows the incredible potential for EV businesses in today’s fast-paced world.