Chinese EV Startup Hozon Auto Eyes IPO by 2021
Another Chinses electric vehicle (EV) ‘emerging force’, Hozon Auto, the company behind the EV brand Nezha, announced the plan for IPO in 2021. As of now, three Chinese EV startups have started or already finished IPO in the US (NIO is currently listed on NYSE; Li Auto to list on Nasdaq by the end of the month; Xpeng was reported to have secretly filed for IPO).
The company has two battery-electric vehicles (BEVs) that realized mass production. The total delivery volume of the two models has exceeded 10,000 units.
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