A Nezha U-Pro all-electric sports utility vehicle, made by Hozon Auto. Photo: Handout
A Nezha U-Pro all-electric sports utility vehicle, made by Hozon Auto. Photo: Handout
IPO

Hozon plans to raise US$1 billion in Hong Kong IPO, the latest Chinese EV start-up to bet on city’s role in funding their growth

  • Hozon’s biggest shareholder is the investment arm of Yichun, a city in Jiangxi province
  • Hozon sells three EV models under the Nezha brand, with a starting price of under US$10,000, less than a third of Tesla’s cheapest sedan in China

A Nezha U-Pro all-electric sports utility vehicle, made by Hozon Auto. Photo: Handout
A Nezha U-Pro all-electric sports utility vehicle, made by Hozon Auto. Photo: Handout
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