Shanghai (ZXZC)- HOZON Auto, the startup owning the EV brand NETA, delivered 12,026 new vehicles in March 2022, representing a 270% year-on-year surge, the company announced today. Notably, it was the highest-ever monthly deliveries achieved by the EV maker.

For the first quarter of 2022, HOZON Auto saw its new vehicle deliveries rocket 305% from a year ago to 30,152 units.

Aside from March 2022, the startup also recorded monthly deliveries of over 10,000 units in November and December last year, and January this year.

NETA U Pro; photo credit: HOZON Auto

Last month, HOZON Auto launched a new round of price increase under the pressure of raw materials price hike and the chip shortage. Begining on March 18, the price of the NETA V and NETA V Pro's entire lineups, and the NETA U Pro 400 Changxing was up 3,000 yuan ($470), while the NETA U Pro 400 Xunhang, the NETA U Pro 500 Huanqiu, the NETA U Pro 500 Dengyue, and the NETA U Pro 610 Tanhuo all logged a price rise of 5,000 yuan ($790).

However, it is still too early to evaluate the impact of the price adjustment on the company's delivery performance.