Etiqueta: Neta

Toyota reportedly considers acquiring struggling Neta Auto to accelerate China EV plans, while Neta seeks rescue from financial collapse and production halt

The post Toyota eyes acquisition of troubled Neta to boost China EV push, report says appeared first on CarNewsChina.com.

Toyota "reportedly" considers acquiring struggling Neta Auto to accelerate China EV plans, while Neta seeks rescue from financial collapse and production halt

The post Toyota eyes troubled Neta to boost China EV Push – Toyota responds appeared first on CarNewsChina.com.

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.

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.

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 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.