CATL Backed Smart Driving Tech Firm to Kick Off Hong Kong IPO This Week: Sources The Hong Kong IPO market has been a hotbed for electric vehicle (EV) sector startups in recent years.
The latest entrant is NASN Intelligent Tech, backed by China's largest battery maker CATL.
As this venture prepares to kick off its book building process as early as Thursday, investors and industry observers are left wondering if the hype surrounding EV tech companies will translate into financial returns.