Tag: struggling

Struggling Hozon Auto subject to bankruptcy review

Hozon New Energy Automobile, a prominent manufacturer of Neta-branded battery electric vehicles (BEVs) in China, is currently facing…

Chinese firms considering buying Volkswagen’s struggling German plants-report

Chinese investors and officials are reportedly interested in acquiring German automotive factories, particularly those owned by Volkswagen, as…

German car makers are struggling in China as the nation favours its own

German car makers are facing challenges in the Chinese market as the nation continues to prioritize its own…