Hudson Acquisition I signs business combination agreement with Aiways Europe

Written by Emily J. Thompson, Senior Investment Analyst

HUDA%

Updated: Nov 22 2024

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Business Combination Announcement: Hudson Acquisition I and Aiways Automobile Europe have signed a Business Combination Agreement, leading to the formation of EUROEV Holdings Limited, which will acquire Aiways Europe and list on Nasdaq with a pre-combination valuation of $410 million.
Aiways Europe's Market Position: Based in Munich, Aiways Europe specializes in battery electric vehicles, has sold around 6,000 units since 2020, and plans to localize production in Europe by 2025 while expanding its supply base and product offerings.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Hudson Acquisition I signs business combination agreement with Aiways Europe

About the author

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