CnEVPost CnEVPost
  • NIO
  • XPeng
  • Li Auto
  • BYD
  • Tesla
  • Newsletter
  • NIO
  • XPeng
  • Li Auto
  • BYD
  • Tesla
  • Newsletter

Home » Neta

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month

Phate Zhang/CnEVPost Jun 22, 2022 15:42 GMT+8

The Neta S is Neta's first effort to enter the premium market with a limited-edition pre-order price of RMB 338,800 ($50,380).

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month-CnEVPost

(Neta S limited edition. Image credit: Neta)

The flagship sedan from Neta, the electric vehicle (EV) brand owned by Chinese EV company Hozon Auto, appears to be reaping good initial acceptance as the company works its way into a higher-priced market segment.

Join Us On Telegram

Neta began pre-sales of the Neta S on June 6, with the model priced at RMB 338,800 ($50,380), entering what is considered a premium vehicle in China.

For comparison, Neta's other two models currently on sale -- the Neta V and Neta U -- start at RMB 74,900 and RMB 117,800, respectively.

The company announced today on Weibo that as of June 21, the Neta S received 5,216 pre-sale orders, including 683 orders for the limited-edition 999-unit version and 4,533 orders for other versions.

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month-CnEVPost

The Neta S includes five versions: a limited edition, an extended-range version with a combined range of 1,100 km, a LiDAR-equipped version with a range of 715 km, a regular version with a range of 715 km, a 4WD version with a range of 650 km, and a regular version with a range of 520 km.

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month-CnEVPost

It is worth noting that only the price of the limited edition of the Neta S has been announced, and its delivery is expected to start in the fourth quarter. Pricing for other versions is unknown and the company previously said it would be announced in July.

Neta is pleased that it has received so many pre-orders without consumers seeing the vehicle in person and knowing the specifications and price of the regular version, Hozon CEO Zhang Yong said on Weibo today.

The company's expectation for future Neta S sales is at least 10,000 units per month, and reaching 20,000 units is considered a satisfactory achievement, Zhang said.

Neta is ramping up capacity, and if things go well, the company is on track to see its total deliveries exceed 200,000 units by 2022, he said.

Neta delivered 11,009 vehicles in May, up 25 percent from April and 144 percent from a year ago, according to figures it released June 1.

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month-CnEVPost

Neta delivered a total of 49,974 vehicles this year through the end of May, up 213 percent from 15,966 units a year earlier, data monitored by CnEVPost showed.

It has delivered 15,296 and 69,674 vehicles in 2020 and 2021, respectively.

Neta is seen as a budget EV maker in China, as its vehicles are priced primarily to target the lower end of the market. The Neta S is its first effort at the premium market.

The limited-edition Neta S, which went on pre-sale on June 6, is largely identical to the regular model in appearance, but features a scissor door design similar to XPeng Motors' P7 Wing Edition.

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month-CnEVPost

The Neta S measures 4,980 mm in length, 1,980 mm in width and 1,450 mm in height, with a wheelbase of 2,980 mm and a wind resistance coefficient of 0.216 Cd.

Its cabin has a 17.6-inch center screen, a 13.3-inch instrument cluster, a 12.3-inch entertainment screen, and a HUD head-up display system.

Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month-CnEVPost

The Neta S limited edition is equipped with dual electric motors with a combined maximum power of 340 kW, a maximum torque of 600Nm, an acceleration time of 3.9 seconds from 0-100 km/h and a CLTC range of 650 km.

When using the exclusive fast-charging pile, the Neta S can reach a maximum of 240 kW of charging power, resulting in an 80 percent recharge in 20 minutes.

CnEVPost Daily Newsletter

Share this article:

  • Tweet
  • WhatsApp
  • Telegram
  • Email
  • Pocket
  • More
  • Share on Tumblr
  • Print
Phate Zhang/CnEVPost
Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. Contact via: [email protected]
Popular Posts
Two die after NIO test vehicle falls from building
2022-06-23 17:31:06
NIO becomes trending topic in China after vehicle falls out of building
2022-06-23 15:39:22
NIO responds to vehicle crash that killed two testers
2022-06-23 20:50:51
NIO, XPeng, Li Auto surge in Hong Kong as investors expect NEV purchase tax exemption to continue next year
2022-06-23 12:03:15
CATL unveils Qilin Battery, says it can easily achieve 1,000 km vehicle range
2022-06-23 16:59:11
Recent Posts
  • Gotion to build facility in Argentina capable of producing up to 60,000 tons of lithium carbonate per year Jun 24, 2022
  • Lotus' first EV model, Eletre, to be powered by CATL's Qilin Battery Jun 24, 2022
  • Li Auto says Li L9 gets over 30,000 orders 72 hours after launch Jun 24, 2022
  • SAIC exploring deep integration of vehicle systems with phones Jun 24, 2022
  • Tesla puts 8 Supercharger stations into operation in Chinese mainland in May despite Covid challenges remain Jun 24, 2022
  • Home
  • About
  • Contact Us
  • Support Us
  • Privacy
  • Newsletter
Copyright © 2022 CnEVPost. Designed by CnEVPost.