Neta sells nearly 30,000 cars overseas in 2024, aims to double in 2025

Neta sold nearly 30,000 cars overseas in 2024, with overseas sales channels growing to 184.
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  • Neta sold nearly 30,000 cars overseas in 2024, with overseas sales channels growing to 184.
  • In 2025, Neta will increase its efforts in overseas markets, aiming to double its overseas sales.
Neta sells nearly 30,000 cars overseas in 2024, aims to double in 2025-CnEVPost
(A Neta GT on display at the April 2024 Beijing auto show. Image credit: CnEVPost)

Neta Auto sold nearly 30,000 cars overseas in 2024, with sales channels growing to 184 across key global markets such as Southeast Asia, Central and South America, it said yesterday.

The Chinese electric vehicle (EV) maker held its second overseas dealer conference recently with investors and dealers from more than 40 countries, according to an announcement.

In 2025, Neta will increase its efforts in overseas markets, aiming to double its overseas sales, it said.

The company also plans to further improve brand recognition and user satisfaction and win over overseas consumers through localized team management and production, it said.

The Neta X, which was launched in overseas markets in 2024, is already sold in nearly 10 countries worldwide and has won the No. 1 spot in monthly insurance registrations for pure electric SUVs in the Thai market for two consecutive months, Neta said.

Neta’s plant in Nanning, Guangxi province in southern China is producing models including the Neta Aya and Neta X to meet overseas demand, it said.

Neta has previously suffered financial woes and carried out mass layoffs in November last year.

On November 14 last year, local media outlet Yicai reported that Guangxi’s Nanning Industrial Investment Group had entered into a strategic partnership with Neta’s parent company Hozon Auto to provide supply chain financial support.

The group would help Neta organize the procurement of raw materials, production, logistics, and export of KD (knocked down) kits from its Nanning production base.

It will also help Neta with the production and delivery of its overseas models, as well as further expanding its international markets and ensuring the stability of its supply chain overseas, according to the report.

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