HK government injects $200m into Chinese EV maker Hozon

HK government injects $200m into Chinese EV maker Hozon

FILE PHOTO: A logo is painted on the floor where electric car chargers can be seen in Northwich, Britain, September 20, 2023. REUTERS/Molly Darlington/File Photo

Chinese electric vehicle (EV) maker Hozon New Energy Automobile has roped in the Hong Kong government as its cornerstone investor in a funding round ahead of a reported initial public offering (IPO) in the city.

Edited by: Pramod Mathew