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Neta Auto To Enter South East Asia And Europe

7,117 vehicles in Feb, up 255% year-on-year

by SEP Editor
3 mins read
(Photo credit: cj.sina.com.cn)

Mar.01, China – Neta Motors held a “Netalks – Neta Motors Core Media Conference” at the Beijing Design Center, where it announced that it will begin expanding into the Southeast Asian auto market with Thailand as its entry point, and is preparing to enter the European market, for which it also announced a right-hand drive version overseas in December 2021.

Rivals’ overseas strategies

As rivals of XPeng and NIO, they are also laying out their overseas strategies. XPeng officially announced in February that it had entered into strategic partnerships with Emil Frey of the Netherlands and Bilia Group of Sweden, and announced its expansion into Europe, where it will open its own experiential retail stores.

Also in February of this year, NIO joined the Danish Car Importers Association(DBI), symbolising the entry of NIO into Denmark this year, according to the CEO of DBI.

Neta Motors’ sales performance in February

Source: Neta reports

Neta delivered 7,117 vehicles in February, up 255 percent year-on-year but down 35 percent from 11,009 in January, according to data released today by the company.

In the first two months of the year, Neta delivered 18,126 vehicles, up 332 percent from 4,197 in the same period last year.

Neta currently offers three models in China, the Neta V, Neta V Pro, and Neta U Pro, most of which start at under RMB 100,000. It’s most expensive model Neta U Pro has a starting price of RMB 102,800.

Photo credit:sohu.com/a

The Neta S, which will be available in 2022, will use Huawei’s MDC smart driving computing platform and LiDAR technology to enter the premium market, according to information previously announced by the company.

The Neta S will be available in versions with extended-range technology and in an all-electric version.

Neta Motors has officially announced that it will expand its sales channel to 250 cities by 2022, grow the number of directly operated stores to 100, and continue to promote Neta Plus services.

More information about Neta, see also:

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