NETA AUTO to Prepare for European & Asian market

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On March 1, 2022, NETA Automobile held the “Netalks NETA Automobile Core Media Communication Conference” at the Beijing Design Center. According to the strategic information officially announced at the meeting, NETA Automobile will start to expand the Southeast Asian automobile market with Thailand as the entrance. And it is preparing to enter the European market. For this reason, the right-hand drive version of the model has been announced overseas in December 2021.

At the meeting, NETA Auto announced that it will expand its sales channels to 250 cities in 2022, increase the number of directly-operated stores to 100, and continue to promote the construction of NETA’s power-up service. The data shows that the delivery volume of NETA vehicles in January reached 11,009 units, a year-on-year increase of 402% in January 2021, and the monthly delivery volume exceeded 10,000 for three consecutive months. As the sales channels continue to expand, the sales of NETA vehicles may continue to grow rapidly .

NETA U Pro

At the capital level, just a few days ago, some media reported that HOZON New Energy (referred to as “Neta”), the NETA brand’s parent company, has recently completed a new round of financing of more than 2 billion yuan. The main investment institutions include CRRC Fund under CRRC Group and SCGC(Shenzhen Capital Group) with the background of state-owned assets in Shenzhen, etc. For the latest information on Neta Auto, please continue to pay attention to the follow-up reports of Chinapev.