Neta GT sports car officially launched, priced from $26,000

Deliveries of the Neta GT will begin in the first half of the year, and are expected to allow consumers to gradually begin to change the perception of the brand as low-end.
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Deliveries of the Neta GT will begin in the first half of the year, and are expected to allow consumers to gradually begin to change the perception of the brand as low-end.

Neta GT sports car officially launched, priced from $26,000-CnEVPost

(Image credit: CnEVPost)

Neta Auto, the electric vehicle brand of Hozon Auto, is making its first electric sports car available, with deliveries to begin in the next two months.

The Neta GT sports car was officially launched on the first day of the Shanghai auto show on April 18, with starting prices of RMB 178,800 ($26,000) to 227,800.

The car measures 4,715 mm in length, 1,979 mm in width and 1,415 mm in height, and has a wheelbase of 2,770 mm.

Neta GT sports car officially launched, priced from $26,000-CnEVPost

For comparison, Neta’s flagship sedan, the Neta S, measures 4,980 mm in length, 1,980 mm in width, 1,450 mm in height and has a wheelbase of 2,980 mm. The Neta S currently has a starting price range of RMB 242,800 to RMB 341,800.

The Neta GT is available in single-motor and dual-motor versions, with the single-motor version powered by a permanent magnet synchronous motor with a maximum power of 170 kW.

Its dual-motor four-wheel drive version has a total maximum power of 340 kW and a maximum torque of 620 Nm, and takes 3.7 seconds to accelerate from 0 to 100 km/h.

The Neta GT’s battery pack has three options — 64.24 kWh, 74.48 kWh and 77.9 kWh — and the CLTC range includes three versions — 560 km, 580 km and 660 km, as shown in previous regulatory filings.

Its power battery suppliers include CATL, Eve Energy, and battery types include lithium iron phosphate batteries as well as ternary batteries.

Hozon Auto CEO Zhang Yong said previously that the sports car will be mass-produced and delivered in the first half of 2023.

Neta has been seen as a budget EV maker since its inception, as its vehicles are priced primarily for the low-end market.

The Neta S is Neta’s first effort at the premium end of the market, and the release of the Neta GT is expected to allow consumers to gradually begin to change their perception of the brand at the low end.

In addition to the Neta GT, Neta also unveiled a model called the Neta GT Speedster, a convertible based on the Neta GT, at the Shanghai auto show.

Neta GT sports car officially launched, priced from $26,000-CnEVPost

Neta delivered 10,087 vehicles in March, essentially unchanged from 10,073 in February and down 16.12 percent from 12,026 in the same month last year, data previously released by the company showed.

($1 = RMB 6.8783)

Neta unveils two-door electric sports car Neta GT, deliveries expected in H1

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