From January to October, Neta's cumulative deliveries were 129,206 vehicles, up 160.84 percent from 49,534 vehicles in the same period last year.
Neta Auto, the electric vehicle brand of Chinese carmaker Hozon Auto, delivered 18,016 vehicles in October, essentially unchanged from 18,005 in September and up 122.23 percent from 8,107 in the same period last year, according to data released today.
From January to October, Neta's cumulative deliveries were 129,206 units, up 160.84 percent from 49,534 units in the same period last year.
Neta is targeting mainly the budget EV market, with the Neta V and Neta U currently in delivery priced at around RMB 100,000 ($13,740).
On October 10, Neta made the Neta U-II electric SUV officially available in China as the successor to the Neta U.
On July 31, Neta officially launched its flagship sedan Neta S with a price range of RMB 199,800 - 338,800 yuan. Deliveries of the model have not yet started.
The Neta U-II is expected to be an important model driving Neta's sales growth, as all versions of the smart cockpit, except for the lowest priced U-II 400 Lite, are powered by the Qualcomm Snapdragon 8155 chip, a high-end chip previously used in some models priced over RMB 300,000.
At the official launch of the model, Neta said that powered by the Qualcomm 8155 chip, the Neta U-Ⅱ is the ceiling of smart cockpits for models priced at the RMB 150,000 level.
The Neta U-Ⅱ, like the Neta U, is a compact SUV with a length, width and height of 4,549 mm, 1,860 mm and 1,628 mm, respectively, and a wheelbase of 2,770 mm.
The Neta U-II is available in three options of 401 km, 501 km and 610 km in CLTC range.
On October 28, Neta announced a partnership with Nvidia to equip future models with the Nvidia DRIVE Orin computing platform.
The Neta S is powered by Huawei's MDC610 computing platform, and the Neta U-II uses Horizon Robotics' Journey 3 chip.