Nezha V launches in Shanghai region with a price range from 59,900 to 75,900 yuan.

On December 5th, NETA V, a pure electric small SUV, was officially launched with four models ranging from 59,900 yuan to 75,900 yuan in price. The standard and extended range NEDC have a range of 301 km and 401 km respectively. The corresponding model data is listed below:

Standard Version

  • Maximum motor power of 40 kW, maximum torque of 110 N·m
  • Battery capacity of 31.18 kWh, NEDC range of 301 km

Extended Range Version

  • Maximum motor power of 55 kW, maximum torque of 175 N·m
  • Battery capacity of 38.54 kWh, NEDC range of 401 km

At the launch event, as a user-oriented enterprise, NETA Automobile stated that it will build ten free charging stations for users in Shanghai in the near future. In addition, NETA will provide car owners with a year of 48 times on-demand charging service.

According to statistics, NETA V sold 2,122 units in November, a year-on-year increase of 92%, and a cumulative sales volume of 13,424 units from January to November, a year-on-year increase of 44%. The new NETA V model exceeded 5,000 orders on its first month of launch with 1,067 deliveries made.

Recently, NETA Automobile announced the completion of its Series C financing, with Huading Capital leading the investment of RMB 2 billion. The final amount of financing will exceed RMB 3 billion.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.