Industry dynamics

Neta delivered 6,613 vehicles in Aug, up 449% from a year earlier

Publishtime:1970-01-01 08:00:00 Views:25

Chinese electric vehicle startup Neta Automobile said Wednesday it delivered 6,613 vehicles in August, up 449 percent from a year earlier and up 10 percent from July.

(Graphic by CnEVPost)

The electric car brand, backed by Qihoo 360, China's largest cybersecurity company, delivered a total of 33,728 vehicles from January to August, up 367 percent from a year earlier.

Neta was founded in October 2014. The first Neta model was launched in November 2018, and to date, Neta has 2 models on sale - 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 159,800 after subsidies.

Qihoo 360 announced on May 11 that it has officially entered the smart car sector with Neta, an electric car brand owned by Hozon Auto.

Last Wednesday, Neta signed a comprehensive cooperation agreement with Huawei to use the latter's technology in its future models.

According to the agreement, Neta and Huawei will start comprehensive cooperation in the fields of smart network connection, in-vehicle computing, smart driving, digital energy and cloud services.

The Neta S, which will go on sale next year, is the first model to be created by the two companies, and it will use Huawei's MDC smart driving computing platform and LiDAR technology, according to an announcement made by Neta.

According to the company's previous statement, the Neta S will go on sale at the end of next year and is a B-class electric coupe based on a new platform.

Neta partners with Huawei to use its computing platform and LiDAR technology for next year's model