Shanghai (ZXZC)- On July 17, NETA Auto, a Chinese electric vehicle manufacturer, inaugurated a sales center in Baku, the capital of Azerbaijan, marking its official entry into the West Asian market, according to a post on NETA Auto's WeChat account.

This move comes as part of a partnership with local car dealer Group Motors to offer consumers high-quality smart electric vehicles.

Photo credit: NETA Auto

NETA Auto chose Azerbaijan as its gateway into the West Asian market due to its strategic location at the crossroads of Europe and Asia and its significance as a key country along the Belt and Road Initiative.

Initially, NETA Auto will launch its NETA U and NETA V models in Azerbaijan. The company has also announced plans to introduce the NETA S, NETA L, and NETA GT models to the Azerbaijani market in the near future.

Since initiating its global expansion in 2022, NETA Auto has pursued a strategy of deepening its presence in ASEAN countries, expanding into South America, and developing markets in the Middle East and Africa. The company has established smart eco-factories in Thailand, Indonesia, and Malaysia and successfully entered the Latin American market.

In March of this year, NETA Auto's KD factory in Thailand commenced large-scale production. On May 31, the Indonesian electric vehicle manufacturer PT NETA Auto started production in CKD form at the PT Handal Indonesia Motor (HIM) factory in West Java, Bekasi, marking the beginning of local volume production at its factory in Indonesia.

On June 26, NETA Auto opened its first flagship store in Africa in Nairobi, Kenya, signifying the commencement of NETA Auto's expansion into the African market.

Looking ahead, NETA Auto plans to enter 50 countries and open 500 sales service stores worldwide by 2025, aiming to showcase the strength of the NETA brand on the global stage.