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Neta Auto secured credit line from Thailand in bid to survive

Neta Auto secured credit line from Thailand in bid to survive

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As suppliers surround headquarters demanding payment and employees work at half salary, the troubled Chinese EV maker pins its survival hopes on Thai market expansion

The post Neta Auto secured credit line from Thailand in bid to survive appeared first on CarNewsChina.com.

Neta Auto faces financial crisis, dismantles R&D amid supplier protests

Neta Auto faces financial crisis, dismantles R&D amid supplier protests

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Notably, some employees have complained online that while staff are receiving minimum wage, the company continues to pay for expensive housing rentals for its executives.

The post Neta Auto faces financial crisis, dismantles R&D amid supplier protests appeared first on CarNewsChina.com.

Neta enters Brazilian market, will launch three models in Q3 2024

Neta enters Brazilian market, will launch three models in Q3 2024

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In the first half of 2024, Neta exported 17,687 vehicles, a year-on-year increase of 154%.

The post Neta enters Brazilian market, will launch three models in Q3 2024 appeared first on CarNewsChina.com.