HW Electro Co., Ltd. (HWEP)
HW Electro will go public soon, but the exact IPO date is still unknown.
IPO Price
$4.00
Shares Offered
4,150,000
Deal Size
$16.60M

Company Description

HW Electro commenced selling and delivering two models of electric light commercial vehicles, ELEMO and ELEMO-K, in Japan in April 2022 and July 2022, respectively, and have been working with Cenntro, our cooperating manufacturer, to produce them under our brand, “ELEMO,” in its factory in Hangzhou, China.

ELEMO is the first electric vehicle we sell and is the second electric light commercial vehicle that has ever been sold in Japan.

Since the inception of our operation, we have been leveraging the customizability and adjustability of our electric light commercial vehicles to attract corporations in different industries and local governments that have varying needs from their departments in Japan.

We have recently added a new model called “ELEMO-L,” a van-type electric vehicle that can be used for commercial and recreational camping purposes, which we expect may enable us to increase consumer market penetration

HW Electro Co., Ltd.
CountryJapan
Founded2019
IndustryAuto Manufacturers
SectorConsumer Discretionary
Employees14
CEOWeicheng Hsiao

Contact Details

Address:
301, Aomi 2-chome 7-4 the
SOHO, Koto-ku, Tokyo 135-0064
Japan
Phone(+81) 3-6457-1469
Websitehwelectro.co.jp

Stock Details

Ticker SymbolHWEP
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUSD
IPO Price$4.00
CIK Code0001980262
SIC Code3711

Key Executives

NamePosition
Weicheng HsiaoRepresentative Director and Chief Executive Officer
Eiji FujinoDirector
Hiroto NaguraChief Financial Officer
Taisuke OtsuboCorporate auditor
Takashi WatanabeCorporate Executive Officer and Chief Marketing Officer
Hirotaka IkedaIndependent Director and Nomination and Corporate Governance Committee Member
Takayuki TokorodaIndependent Director and Nomination and Corporate Governance Committee Member
Yuri KonnoIndependent Director and Audit Committee Member
Koki KawanaIndependent Director, Audit Committee Member, and Compensation Committee Member
Feng WuIndependent Director, Audit Committee Member, and Compensation Committee Member

Latest SEC Filings

DateTypeTitle
Jul 14, 20258-A12BRegistration of securities
Jun 30, 2025EFFECTNotice of Effectiveness
Jun 23, 2025F-1/A[Amend] Registration statement for certain foreign private issuers
Jun 6, 2025FWPFree Writing Prospectus
Jun 2, 2025F-1/A[Amend] Registration statement for certain foreign private issuers
May 9, 2025F-1Registration statement for certain foreign private issuers
May 9, 2025RWFiling
Jan 24, 2025F-1MEFFiling
Dec 31, 2024EFFECTNotice of Effectiveness
Dec 30, 2024FWPFree Writing Prospectus