Neta sees its 60,000th vehicle roll off line

Neta saw its first production vehicle roll off the line in July 2018, and its 10,000th vehicle roll off the line in December 2019.
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Neta sees its 60,000th vehicle roll off line-CnEVPost

Chinese electric vehicle startup Neta Automobile announced on August 21 that its factory in Tongxiang, Zhejiang province, eastern China, saw its 60,000th vehicle roll off the production line.

This is a milestone for Neta, a new beginning and a new journey, said Fang Yunzhou, Neta’s founder and chairman.

Neta sees its 60,000th vehicle roll off line-CnEVPost

Neta saw its first production vehicle roll off the line in July 2018, and its 10,000th vehicle roll off the line in December 2019.

The company delivered a record 6,011 units in July, surpassing 6,000 for the first time and up 392 percent year-over-year.

From January to July, the electric car brand backed by Qihoo 360, China’s largest cybersecurity company, accumulated 27,115 deliveries.

Neta delivered 90 percent of its July deliveries to individual users and 10 percent to corporate customers, the company said.

Neta currently has two models on sale – the Neta V and Neta U Pro.

The Neta V is priced between RMB 59,900 ($9,390) and RMB 75,900, and the Neta U Pro has an official guide price between RMB 99,800 and RMB 159,800 after subsidies.

To date, the U Pro has more than 10,000 orders pending delivery, the company said.

The Neta S, a B-class electric coupe based on a new platform, will go on sale at the end of next year, the company said.

Neta delivered record 6,011 vehicles in July, up 392% from a year earlier

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