Mainland China-based automaker Hozon Auto enters bankruptcy review amid financial turmoil and restructuring plans
Hozon Auto, owner of the Neta EV brand, faces a bankruptcy review and potential restructuring
Hozon New Energy Automobile, a mainland China-based automaker that sells electric vehicles under the Neta brand, has entered the bankruptcy review process, Yicai Global reported June 16, citing a notice posted on mainland China’s National Enterprise Bankruptcy Information Disclosure Platform (NEBIDP).
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