The Neta L EV crossover has entered the Chinese market with a starting price of 19,300 USD. It has CATL's battery and 510 km range.
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Category: Neta
The Neta L BEV is powered by CATL's Shenxing Battery and has a CLTC range of 510 km and can be charged from 10 percent to 80 percent in 21 minutes.
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Neta plans to expand its presence in Africa to 20 countries in the next two years and build 100 stores there within three years.
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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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The locally produced Neta V-II is powered by lithium iron phosphate (LFP) batteries from Chinese battery maker Gotion High-tech, with 44 percent of the components of the pack produced in Indonesia.
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In the May 1-26 period, insurance registrations for Nio vehicles were 15,400, Tesla 43,900, BYD 209,900, and Xiaomi 6,700 units.
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Deliveries of the Neta L have been delayed as 95 percent of customers opted for the highest priced variant.
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The two companies have agreed to engage in a comprehensive strategic partnership from 2025-2034, with Neta making CATL its preferred partner for vehicle power batteries.
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Between May 1-19, Nio had 10,000 insurance registrations, Tesla 30,800, BYD 154,900, Xiaomi 4,000, Li Auto 18,600, and Xpeng 4,800 units.
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For May 1-12, Nio was 5,600, Xpeng 2,800, Li Auto 10,800, Xiaomi 2,000, Tesla 16,900, and BYD 101,300 units.
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