Neta2 Min Read RainManonFebruary 1, 2022 Neta delivers 11,009 vehicles in Jan, exceeding 10,000 for third consecutive month Neta delivered 11,009 vehicles in January, up 401.6 percent year-on-year and 8.7 percent from December.
Neta2 Min Read RainManonJanuary 24, 2022 Hozon, which owns Neta brand, reportedly seeks pre-IPO financing at $7 billion valuation Hozon is seeking to raise about $500 million ahead of a potential Hong Kong IPO this year, valuing it at RMB 450 ($7.1 billion), Bloomberg reports.
Neta2 Min Read RainManonJanuary 8, 2022 Neta sees 100,000th production vehicle roll off line Neta's total deliveries of all models stood at 95,977 units as of December 31.
Li Auto Neta Nio Xpeng Zeekr3 Min Read RainManonJanuary 3, 2022 Deutsche Bank introduces new ‘Fab 5’ of Chinese EV startups Edison Yu's team has updated their list of Chinese EV startups they are bullish on, dropping WM Motor and adding Zeekr and Hozon Auto.
Neta2 Min Read RainManonJanuary 1, 2022 Neta delivered 10,127 units in Dec, exceeding 10,000 for second straight month Neta's total deliveries for 2021 reached 69,674 units, up 362 percent from a year ago.
Neta2 Min Read RainManonDecember 10, 2021 Chinese EV startup Neta gets about $310 million credit line from local bank The funds will be used primarily for the development of its smart cockpit and smart driving technologies, and the construction of the sales…
Neta2 Min Read RainManonDecember 1, 2021 Neta delivered 10,013 vehicles in Nov, surpassing 10k for first time Neta is now offering three models in China, all starting at under RMB 100,000.
Neta2 Min Read RainManonNovember 18, 2021 Chinese EV startup Hozon said to be raising up to $1 billion in Pre IPO round Hozon is reportedly in the midst of a new funding round of at least $800 million and up to $1 billion.
Neta2 Min Read RainManonNovember 12, 2021 Chinese EV startup Hozon reportedly considering $1 billion HK IPO Hozon is working with advisers on the matter, and the IPO could happen as early as next year, Bloomberg reported.
Neta2 Min Read RainManonNovember 10, 2021 Chinese EV startup Neta makes Thailand first stop for overseas expansion Unlike Nio and Xpeng Motors, which chose Norway first, some other Chinese companies offering more affordable EVs will consider Thailand first.