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Chinese EV maker Hozon predicts fivefold jump in overseas sales as growth slows in hyper-competitive domestic market

Chinese electric vehicle (EV) start-up Hozon New Energy Automobile expects its sales outside mainland China to jump five-fold in 2024 as the country's increasingly confident carmakers look to international sales to counter slowing growth at home. The Shanghai-based maker of Neta-branded cars, aims to deliver a total 100,000 units in 60 overseas markets this year, mainly in Southeast Asia, as it starts operations of assembly plants in Thailand and Indonesia, according to vice-president Zhou Jiang

China carmakers miss 2023 sales goal as competition intensifies

Chinese EV maker Hozon predicts fivefold jump in overseas sales as growth slows in hyper-competitive domestic market

The Shanghai-based maker of Neta-branded cars aims to deliver 100,000 units in 60 overseas markets this year, mainly in Southeast Asia.

Chinese EV makers set sight on Hong Kong to drive global expansion plans

Chinese EV makers set sight on Hong Kong to drive global expansion plans
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