Neta Gets Fresh Funds Injection, Ready To Double Global Sales By 2025

SUV Neta X. (Photo: Neta)

JAKARTA - Neta Auto has been present in various countries and throughout 2024 has sold nearly 30,000 cars in overseas markets.

Quoting from the CNevpost page, Monday, January 20, the total foreign sales from the brand from China came from 40 countries, from Southeast Asia, Central to South America.

"In 2025, Neta will increase efforts in overseas markets with the aim of doubling its sales," the company wrote in a press conference with Investors.

The target is none other than because the Chinese manufacturer received injections and investments worth 6 billion yuan or around Rp. 13.4 trillion. The injection of funds also made Neta pay several employee salaries that had been delayed.

Meanwhile, according to a report from Carnewschina, according to an unnamed source, state-owned assets and the world's largest battery manufacturer CATL participated in the financing.

Previously, Neta signed an agreement with CATL to use Bedrock chassis in January 2023. The first model to use the chassis is Neta L, so it's not surprising that CATL is one of the fund supporters.

Neta Acceleration In Indonesia

Neta has also made plans with the launch of two models in 2025 in Indonesia. Unfortunately, the details of the model that will be launched are predicted to be a facelift from Neta V-II.

In addition, in 2025 the brand from China will also continue to add a network of dealers in the country. In total, 30 dealers will be inaugurated and the sales target is 5,000 units.