Hozon Auto
IPO-bound Hozon tempts investors with overseas drive
Neta Auto parent Hozon has filed to list in Hong Kong, targeting customers at home and abroad with its affordably priced vehicles.
Neta parent Hozon files for HK listing
Hozon had annual losses of RMB 4.8 billion, RMB 6.7 billion and RMB 6.9 billion for 2021-2023.
Neta's Thailand plant with 20,000 annual capacity goes into production
Neta's Thailand plant has begun production of the right-hand drive version of the Neta V-II and will be the main manufacturing base for Neta's right-hand drive EVs.
Neta announces closing of nearly $1 billion in new financing
Neta has announced the closing of a RMB 7 billion Crossover round of financing, without revealing any other details about the funding.
Neta deliveries up 18% MoM in May, denies HK IPO plan
Earlier today, Bloomberg reported that the company is considering filing for its $1 billion Hong Kong IPO as soon as this month.
Hozon, which owns Neta brand, reportedly closes over RMB 2 billion in new financing
Neta's total financing to date exceeded RMB 14 billion, equivalent to the total financing raised by Nio at the end of 2017.
Hozon, owner of Neta brand, reportedly launches plans for HK IPO
Neta delivered 11,009 vehicles in January, the third consecutive month over 10,000. All three of the brand's models currently start at less than 100,000 yuan ($15,700).
Hozon, which owns Neta brand, reportedly seeks pre-IPO financing at $7 billion valuation
Hozon is seeking to raise about $500 million ahead of a potential Hong Kong IPO this year, valuing it at RMB 450 ($7.1 billion), Bloomberg reports.
Neta sees 100,000th production vehicle roll off line
Neta's total deliveries of all models stood at 95,977 units as of December 31.
Chinese EV startup Neta gets about $310 million credit line from local bank
The funds will be used primarily for the development of its smart cockpit and smart driving technologies, and the construction of the sales and service systems.