Chinese electric car company Hozon Auto officially released its NETA S model on July 31, which is available in black, green and silver. Prices range from 199,800 yuan to 338,800 yuan ($29,610 - $50,210).
Zhou Hongyi, the co-founder and CEO of internet security firm Qihoo 360, responded on the evening of July 11 to the issue of "transferring the 1 billion-yuan capital increase right of Hozon Auto."
On July 1st, several Chinese car companies announced their delivery results for the month of June. Among them, XPeng, NIO, Hozon Auto, Li Auto and Leapmotor once again exceeded 10,000 units throughout the month.
Qihoo 360, one of China's biggest internet security companies, announced on Sunday that it plans to transfer its 3.5320% equity in Hozon Auto.
Chinese electric vehicle firm Hozon Auto announced on May 27 that the NETA S model will be equipped with its self-developed "Tiangong Battery."
Hozon Auto's new EV sedan NETA S features a length, width and height of 4980 x 1980 x 1450 mm, respectively, and a wheelbase of 2980 mm.
A range of Chinese new energy vehicle companies have recently reported their April delivery results. They were under greater pressure to deliver during the period due to the COVID-19 outbreaks.
After launching new models within its Han series, Chinese electric vehicle maker BYD has begun to generate interest in another sedan named "Seal," which is expected to be officially launched this month.
Hozon Auto's subsidiary EV brand NETA Auto held a press briefing at its Beijing Design Center on Monday, during which it unveiled its own intelligent driving system, TA Pilot.
Hozon Auto has recently completed a new round of financing of more than 2 billion yuan ($316 million).
On January 8, Chinese carmaker Hozon Auto ushered in its 100,000th mass production electric vehicle (EV). According to firm officials, it took only 42 months for the company to produce the first to the 100,000th EV.
Chinese automaker Hozon Auto has released the "Moxiaotong" electric vehicle for children on Wednesday, with a price tag of 2,999 yuan ($470).
Chinese electric vehicle startup Hozon Auto may launch its IPO on the Hong Kong Exchange stock in the third and fourth quarters of 2022.
On the first day of December, several electric vehicle makers in China released their delivery data for the month of November.
Hozon Auto, a Chinese new energy vehicle supplier, is carrying out a Pre-IPO round of financing, with an amount of at least $800 million and a maximum amount of $1 billion.