Hozon had annual losses of RMB 4.8 billion, RMB 6.7 billion and RMB 6.9 billion for 2021-2023.
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Category: Hozon Auto
Neta L has both EREV and EV variants. Inside, it has three screens. Is it enough to rival the BYD Song Plus?
The post BYD Song Plus competitor Neta L starts deliveries in China in April appeared first on CarNewsChina.com.
Neta L is ready for the market launch with a 170-kW e-motor and a batter from GWM’s SVOLT. Its EREV version has 162 km of electric range.
The post Hozon’s Neta L is ready to rival the BYD Song Plus. Available as BEV and EREV appeared first on CarNewsChina.com.
Neta EP32 is a mid-size electric sedan with a 72-kWh BYD’s battery, a 170-kW motor and 500 km of range. To launch in 2024.
The post Neta EP32 electric SUV revealed in spy shots. To be called Neta L appeared first on CarNewsChina.com.
Neta's Thailand plant has begun production of the right-hand drive version of the Neta V-II and will be the main manufacturing base for Neta's right-hand drive EVs.
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The cooperation will include personal financing, car insurance, and other services.
The post Hozon Neta starts cooperation with the largest European bank as the Chinese EV maker prepares for European market appeared first on CarNewsChina.com.
The next two models are revamped Neta U that should start sales this year and EP32 that was recently spotted doing road tests.
The post Chinese EV maker Hozon Neta plans three new models by 2025 appeared first on CarNewsChina.com.
The Neta U's facelift released a first official photo. Earlier the photo of the car's interior was released.
The post Hozon publishes electric SUV Neta X official photo, sales expected this quarter appeared first on CarNewsChina.com.
Neta has announced the closing of a RMB 7 billion Crossover round of financing, without revealing any other details about the funding.
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Earlier today, Bloomberg reported that the company is considering filing for its $1 billion Hong Kong IPO as soon as this month.
Neta Auto, the electric vehicle (EV) brand owned by Hozon Auto, saw deliveries rise about 18 percent last month and denied reports that it plans to make an initial public offering (IPO) in Hong Kong.
Neta delivered 13,029 vehicles in May, up 18.35 percent from 13,029 in the same month last year and up 17.59 percent from 11,080 in April, data released by the company today showed.
From January to May of this year, Neta delivered 50,285 vehicles, up 0.62 percent from 49,974 in the same period last year.
Neta was founded in October 2014 and its first model was launched in November 2018.
Its cumulative deliveries since the company's inception stand at 298,334 vehicles, data monitored by CnEVPost show.
It delivered 152,073 vehicles in 2022, an increase of 118.26 percent year-on-year.
Neta has previously been seen as a budget EV maker, as its vehicles are priced primarily to target the lower end of the market.
The company's previous main-selling models, the Neta V and Neta U, were priced in China at around RMB 100,000 ($14,090) to RMB 150,000.
The Neta S is Neta's first effort at the upper end of the market, where it sells for about RMB 300,000. On April 18, the Neta GT sports car went on sale with a starting price of RMB 178,800 to RMB 227,800.
Earlier today, Bloomberg reported that Hozon Auto is considering filing for its $1 billion Hong Kong IPO as soon as this month.
The company has included ABC International Holdings Ltd and China Merchants Bank International to the banks working on the listing, the report said.
Neta later posted a statement on Weibo denying the report, calling it untrue.
Neta saw its 300,000th production car roll off the line yesterday, 16 months after its 100,000th car rolled off the line.
Neta opened its global headquarters in Shanghai on May 29. Previously it had a Shanghai headquarters in Minhang district, a design center in Beijing and a factory in Tongxiang, Zhejiang province.
($1 = RMB 7.0984)
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