Etiqueta: Neta

Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using the world's fourth-largest stock market as the launching pad to fund its overseas expansion and escape China's brutal discount war. Hozon plans to use the money from its initial public offering (IPO) to support its "internationalisation strategy", where it plans to "localise" its production facilities in different markets,

La guerra de precios y la ralentización de la demanda de la industria de vehículos eléctricos puede llevar a la implosión del mercado en China.