Chinese EV maker Aiways to go public in US via SPAC merger

Chinese EV maker Aiways to go public in US via SPAC merger

FILE PHOTO: An Aiways U5 electric car is displayed at a company store in Shanghai, China September 22, 2020. Picture taken September 22, 2020. REUTERS/Aly Song/File Photo

Chinese electric vehicle maker Aiways will go public via a merger with U.S. special purpose acquisition company Hudson Acquistion Corp in a deal that should value the company around $400 million, the two companies said.

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