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Neta Auto faces escalating crisis as dealers protest at factory gates

Neta Auto faces escalating crisis as dealers protest at factory gates

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Chinese EV startup Neta faces mounting troubles as dealers gather at its factory demanding payment for undelivered vehicles and compensation for losses

The post Neta Auto faces escalating crisis as dealers protest at factory gates appeared first on CarNewsChina.com.

The relentless innovation fuelling China’s ‘brutal’ car wars

The relentless innovation fuelling China’s ‘brutal’ car wars

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Top 10 local EV makers dominate sales and drive home advantage with faster charging and autonomous systems
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.

Chinese authorities delay approval for BYD's pending EV plant in Mexico amid fears of the technology leaking into the US

Chinese authorities delay approval for BYD’s pending EV plant in Mexico...

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Booming global EV automaker Build Your Dreams (BYD) has hit a snag with the Chinese government, which has delayed the...
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.

Chinese carmakers step up global expansion

Chinese carmakers step up global expansion

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Chinese automakers are making significant strides in their global expansion, with Chinese brands attracting a multitude of attention at the Indonesia International Motor Show and some companies reporting robust sales in overseas markets.

Chinese automakers gain ground at Indonesia’s largest auto show

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Unlike in previous years, Indonesia's largest automotive exhibition took on a different tone this year with the arrival of high-end Chinese car brands, including electric vehicles (EVs), on the showroom floor. This highlights the growing presence of Chinese automakers in Southeast Asia's largest economy.
Neta reportedly received 818 million USD injection – to double overseas sales

Neta reportedly received 818 million USD injection – to double overseas...

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Neta reportedly obtained 818.8 million USD in investments. The company paid dalayed salaries and focused on overseas markets.

The post Neta reportedly received 818 million USD injection – to double overseas sales appeared first on CarNewsChina.com.

Neta enters Singapore market with two compact SUVs

Neta enters Singapore market with two compact SUVs

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Neta Auto officially made its debut at the Singapore Motor Show and officially announced the Neta X and Neta AYA models in Singapore

The post Neta enters Singapore market with two compact SUVs appeared first on CarNewsChina.com.

Neta website outage sparks rumors of brand’s collapse – company reacts angrily

Neta website outage sparks rumors of brand’s collapse – company reacts...

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Neta website was down on January 6 leading to rumors the company was the latest victim. Neta however refutes the rumor and the website is now back up.

The post Neta website outage sparks rumors of brand’s collapse – company reacts angrily appeared first on CarNewsChina.com.