BRIEF: Neta parent Hozon starts bankruptcy restructuring

Hozon New Energy, has officially entered bankruptcy restructuring, reflecting troubles at its struggling Neta Auto electric vehicle (EV) brand. On June 13, the National Enterprise Bankruptcy Information Disclosure Platform revealed…

BRIEF: Hozon sued by supplier for unpaid bills

Chinese new energy vehicle maker Hozon New Energy Automobile Co. Ltd., parent of Neta Auto,is being sued by a supplier for unpaid debts, according to media reports. Additional reports indicate…