Will Debut In GIIAS, Neta Focuss On Expansion To Global Market

Neta V who is selling well in Thailand. (Doc. Holon Auto)

JAKARTA - A Chinese manufacturer under the auspices ofbolon Auto, Neta, will officially attend the GIIAS 2023 exhibition in Jakarta. Foreigner is heard, then what kind of company is it like?

Recently, it was reported that Carnewschina, Wednesday, June 7, Neta is expanding its market by exporting 4,000 vehicles out of China. This number is the largest export this manufacturer has ever made after Neta previously exported 3,600 units of the V model to Thailand.

Neta has also achieved mass production of 300,000 units of their vehicles. Keep in mind that Neta achieved production of 100,000 units in January 2022, meaning it only took them 16 months to increase production from 100,000 units to 300,000 units.

It should be noted in the Chinese automotive market, there are only three electric car manufacturers capable of achieving production of 300,000 units, namely NIO, Li Auto, and Neta through assembly lines.

In the near future, Neta plans to expand its presence in the global market by entering the Middle East and European Union markets, and is preparing the Neta GT model for the European market by participating in the Munich Motor Show in Germany.

Neta also announced an expansion strategy for the ASEAN region. Currently, Neta has established a business department in Europe and owns a factory in Thailand.

Factories in Thailand are expected to operate in early 2024, with an annual production capacity of 20,000 units. In Thailand, the Neta V model is ranked second in the number of electric vehicle registrations, surpassing Tesla with a market share of 16.5 percent.

Although Neta has no plans to sell her car in Indonesia, Neta has targeted ASEAN markets including in Malaysia and Thailand.

For GIIAS 2023, Neta will join other Chinese automotive brands that are also debuting at GIIAS, such as Ora, Haval, and Tanks.