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Hozon, Chinese EV giant behind NETA, files for bankruptcy - what it means for Thailand
Online Reporters, Published on 23/06/2025
» On June 19, China's state-owned media outlet CCTV reported that Zhejiang Hozon New Energy Automobile, the parent company of electric vehicle brand NETA, had officially filed for bankruptcy. The filing came after a creditor sued the company over an unpaid debt of approximately 5.3 million yuan (about US$730,000), amid total liabilities exceeding 10 billion yuan ($1.4 billion).
Motor Expo takes over 42,000 orders
Online Reporters, Published on 13/12/2022
» The Motor Expo in Nonthaburi province on Dec 1-12 took orders for more than 42,700 vehicles, generated 51-billion-baht in transactions and attracted 1.33 million visitors, according to the organiser.