Neta cut the prices of almost its entire model range, with the compact SUV Neta X seeing the highest reduction.
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Most of the major EV makers saw insurance registrations fall last week, as the beginning of the month is usually a low point for deliveries.
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Neta's sequential rebound in deliveries in January appears to be largely due to a low base in December.
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During January 1-28, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.
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Neta EP41 electric station wagon will start deliveries in mid-2024 with a Hesai’s LiDAR sensor and a price tag below 42,380 USD.
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The Neta model, codenamed EP41, will be the third shooting-brake style model launched by a Chinese EV maker after the Zeekr 001 and the Nio ET5 Touring.
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During the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600, Tesla at 22,400 and BYD at 125,100 units.
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In the January 1-14 period, Nio was 4,700, Xpeng 2,800, Li Auto 11,000 and Tesla 10,600 units.
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Neta's plant in Malaysia is scheduled to start production in 2025. Its plant in Thailand is already in production, and another plant in Indonesia will start production in the second quarter.
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BYD dominated the Thai market by selling over 30,500 units in 2023. Neta and MG sold over 12,500 units, taking second and third spots.
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