Neta's total deliveries for 2021 reached 69,674 units, up 362 percent from a year ago.
(Graphic by CnEVPost)
Chinese electric vehicle startup Neta Automobile delivered 10,127 units in December, the second consecutive month of more than 10,000 units, according to data released today by the company.
That's up 236 percent year-on-year and up 1 percent from 10,013 units in November.
It was the 10th consecutive month of record deliveries for the company, which is backed by Qihoo 360, China's largest cybersecurity company, bringing its total deliveries for 2021 to 69,674 units, up 362 percent from a year ago.
Total deliveries to date for all Neta models stand at 95,977 units, the company said.
Neta is the electric vehicle brand of Hozon Auto, which was founded in October 2014. the first Neta model was launched in November 2018.
Neta currently offers three models in China, the Neta V, Neta V Pro and Neta U Pro, all starting at under RMB 100,000 ($15,700).
In December, 5,280 units of the Neta V series were delivered, and 4,847 units of the Neta U Pro were delivered.
Neta S, which will be launched in 2022, will use Huawei's MDC intelligent driving computing platform and LiDAR technology to enter the high-end market.
At the end of October, Neta announced the completion of RMB 4 billion in Series D1 funding, with Qihoo 360 leading the RMB 2 billion investment.
Qihoo 360 participated in two consecutive rounds of financing for Neta, with a cumulative investment of RMB 2.9 billion, Neta said at the time.
As of now, Neta has 70 directly operated stores as well as 261 franchised stores.
Chinese EV startup Neta gets about $310 million credit line from local bank