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Hozon Auto, Neta's parent firm, and Huawei inked an agreement on Wednesday to develop a long-term win-win partnership. The Neta S, which is scheduled to hit the market next year, will be the first model co-developed by these two firms.
Hozon Auto's subsidiary EV brand NETA Auto held a press briefing at its Beijing Design Center on Monday, during which it unveiled its own intelligent driving system, TA Pilot.
Shenzhen-based BYD released a statement on Friday regarding the recently increased price of its Dynasty and Ocean series new energy vehicle (NEV) models, which have become more expensive by up to 7,000 yuan ($1,105).
Neta X/AYA is listed in Singapore, and the new store will open in Singapore shortly.
Chinese internet security firm Qihoo 360 Technology announced on Monday that the company plans to invest 2.9 billion yuan ($451 million) in Hozon Auto, which also operates a car brand called NETA Auto.
Hozon Auto, a Chinese new energy vehicle supplier, is carrying out a Pre-IPO round of financing, with an amount of at least $800 million and a maximum amount of $1 billion.
Neta Auto's first flagship store in Africa opened on June 26th in Nairobi, the capital of Kenya.
Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) released the third generation of its cell-to-pack (CTP) technology on Thursday. Li Auto and NETA Auto will launch products equipped with CTP 3.0.
Several up-and-coming Chinese automakers released reports on their recent sales performance on Tuesday. In February, electric vehicle (EV) maker Nio Inc. delivered 6,131 new cars, up 9.9% year-on-year.
On December 2, Neta refuted rumors about Zhang Yong's resignation. A Neta Auto representative stated, "He is still with the company and has not resigned. The company's operations continue as usual."
On June 25th, Neta Auto's parent company Hozon New Energy Auto submitted an application for listing to The Stock Exchange of Hong Kong.
Leading Chinese battery manufacturer Contemporary Amperex Technology Co., Ltd. (CATL) has formally signed a strategic agreement with NETA Auto, a brand under Hozon Auto.