Qihoo 360 backtracks on investment in Neta
Qihoo 360 said the move is to optimize Neta's shareholding structure and improve its corporate governance.
Neta’s flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month
The Neta S is Neta's first effort to enter the premium market with a limited-edition pre-order price of RMB 338,800 ($50,380).
Neta delivers 11,009 vehicles in May, up 25% from April
Neta has delivered a total of 49,974 vehicles so far this year, up 213 percent from 15,966 vehicles in the same month last year.
Neta delivers 8,813 vehicles in April, down 27% from March
Neta delivered 38,965 units in January-April, up 240 percent from 11,458 units in the same period last year.
Neta delivers 12,026 vehicles in March, up 270% year-on-year
Neta's deliveries in March were the highest in its history and don't seem to have been hit by Covid or supply chain factors.
Neta becomes latest Chinese EV maker to raise prices
Neta, which sells most of its models for less than RMB 100,000, has raised the prices of its available models by RMB 3,000-5,000.
Neta delivers 7,117 vehicles in Feb, up 255% year-on-year
This is a 35 percent decrease from 11,009 vehicles in January. Neta now offers three models in China, most starting at less than 100,000 yuan.
Neta unveils smart driving system TA Pilot
TA Pilot 4.0, which will be available in Neta's flagship sedan Neta S, features the MDC 610 chip from Huawei, as well as LiDARs supplied by Huawei.
Hozon, which owns Neta brand, reportedly closes over RMB 2 billion in new financing
Neta's total financing to date exceeded RMB 14 billion, equivalent to the total financing raised by Nio at the end of 2017.
Hozon, owner of Neta brand, reportedly launches plans for HK IPO
Neta delivered 11,009 vehicles in January, the third consecutive month over 10,000. All three of the brand's models currently start at less…