Industry dynamics

HOZON Auto sees Aug. deliveries zoom up 142% YoY

Publishtime:1970-01-01 08:00:00 Views:9

Shanghai (ZXZC)- HOZON Auto, the Chinese startup owning the new energy vehicle (NEV) brand NETA, today announced a 142% year-on-year robust leap in its Aug. 2022 deliveries, which stood at 16,017 units.

The company's Aug. deliveries were contributed by the NETA U and the NETA V.

HOZON Auto sees Aug. deliveries zoom up 142% YoY

2022 NETA U; photo credit: NETA

As for the year-to-date performance, the startup has delivered 93,185 new vehicles this year, representing a 176% surge compared to the same span of 2021.

The automaker put its all-new flagship model, the NETA S, onto the market on the last day of July. The model is scheduled for delivery in the fourth quarter of this year. As HOZON Auto's first sedan model, the NETA S is expected to significantly drive the company’s sales after its delivery begins.

HOZON Auto announced in early August the cooperation with BlackBerry QNX and BlackBerry, both of which supply the NETA S with their advanced technical products.

As for the development of overseas business, the right-hand drive NETA V officially hit the Thai market on August 24, making HOZON Auto the first Chinese NEV startup to enter the country.

Following the NETA V, HOZON Auto plans to introduce at least one EV model per year into the Thai market, including sedans and SUVs. The automaker wishes to deliver 3,000 NETA Vs in Thailand cumulatively by the end of this year.