Shanghai firm sues to liquidate Hozon amid EV maker’s financial struggles

scmp.com/business/china-business/article/3314646/shanghai-firm-sues-liquidate-hozon-amid-ev-makers-financial-struggles

The cutthroat competition in mainland China’s electric vehicle (EV) market threatens to sink Hozon New Energy Automobile, as the maker of Neta-branded cars faces a lawsuit from a Shanghai-based advertising agency that wants the debt-ridden company to be liquidated.
According to a…

This story appeared on scmp.com, 2025-06-16 13:50:07.
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