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Chinese EV maker Hozon predicts fivefold jump in overseas sales as growth slows in hyper-competitive domestic market – Yahoo Finance

Chinese EV maker Hozon predicts fivefold jump in overseas sales as growth slows in hyper-competitive domestic market – Yahoo Finance

S&P 5004,839.81+58.87(+1.23%) Dow 3037,863.80+395.20(+1.05%) Nasdaq15,310.97+255.37(+1.70%) Russell 20001,944.39+20.74(+1.08%) Crude Oil73.71-0.37(-0.50%) Gold2,031.80+10.20(+0.50%) Silver22.75-0.06(-0.25%) EUR/USD1.0899+0.0021(+0.20%) 10-Yr Bond4.1460+0.0020(+0.05%) GBP/USD1.2704-0.0004(-0.03%) USD/JPY148.1280+0.0140(+0.01%) Bitcoin USD41,595.16-67.87(-0.16%) CMC Crypto 200885.54+0.00(+0.00%) FTSE 1007,461.93+2.84(+0.04%) Nikkei 22535,963.27+497.07(+1.40%) Chinese electric vehicle (EV) start-up Hozon New Energy Automobile expects its sales outside mainland China to jump five-fold in 2024 as the country’s increasingly confident carmakers look to international sales to counter slowing growth at home.The Shanghai-based maker of Neta-branded cars, aims to deliver a total 100,000 units in 60 overseas markets this year, mainly in Southeast Asia, as it starts operations of assembly plants in Thailand and Indonesia, according… 

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