Aiways

Chinese EV maker Aiways will go public via a merger with U.S. Special Purpose Acquisition Company Hudson Acquisition Corp (NASDAQ:HUDA) in a deal that values the EV maker at about $400 million. The SPAC announcement comes days after Chinese auto company Geely‘s Zeekr (NYSE:ZK) brand started...

Aiways is the latest electric vehicle startup in China plotting an initial public offering, according to a Reuters report on Thursday. What Happened: Aiways President Fu Qiang told Reuters the automaker’s ambitions have been fueled by the success XPeng Inc (NYSE: XPEV) and Li Auto...