Hozon Targets 2026 Overseas Sales
This is a Shanghai news story, published by Yahoo Finance, that relates primarily to Fang Yunzhou news.
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Hozon New Energy AutomobileSouth China Morning Post
•Embattled Chinese EV maker Hozon eyes exports to survive brutal domestic price war
86% Informative
Hozon New Energy Automobile plans to sell half of its cars overseas as early as 2026 and attain profitability the same year .
The 10-year-old Shanghai -based carmaker recently downsized its operations following a series of challenges, including a cash crunch, that threatened its survival.
Fang Yunzhou , founder and chairman, says the carmaker is trimming fat to be come lean and efficient.
EV makers in mainland China were capable of producing 17 million units a year at the end of 2023 .
VR Score
89
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46
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