Shanghai, September 15, 2022 – NETA electric vehicle sales rose 142% in August and gained its leadership position among Chinese new car makers with steady sales for 26 consecutive months. NETA will continue its expansion in Nepal to foster Nepalese electric vehicle ecosystem.

NETA Becomes China's Leading New Car Manufacturers
NETA gained its leadership position among China's new automakers with 16,017 electric vehicle sales in August, an increase of 142% compared to the same period last year. With a steady growth rate over the past 26 months, NETA was also named ‘The Fastest Growing New Energy Vehicle Brand’ in 2021, with cumulative sales of 93,185 units from January to August 2022, with 176% year-over-year jump.

Partnering with CG Motor to Foster Electric Vehicle Ecosystem in Nepal
NETA continues to accelerate its global business expansion to provide people with the opportunity to own an electric vehicle. The launch of the NETA brand in Nepal marks an important milestone in NETA's business expansion in South Asia, while there are not many Chinese car brands in the market. NETA partnered with CG Motors under CG Corp Global, 150-year-old conglomerate, to push new energy vehicle growth in Nepal through introduction of high-quality vehicle models and automotive innovations.

NETA Delivers NETA V to a Famous Climber Mingma David
Recently, NETA has started delivering the first lot of NETA V, totaling 30 vehicles, to customers in Nepal. Among those is Mingma David, a famous Nepalese mountaineer who is the youngest person to climb all 14 eight-thousanders and held a Guinness World Record ‘Fastest time to climb Everest and K2’, which he did within 61 days.

Mingma David's determination is in line with NETA's spirit of daring to go out and do something new, go beyond your own limits and dare to challenge the impossible. NETA V will awaken the NETA spirit in everyone’s heart.

Following the introduction of the right-hand drive version of the NETA V to Nepalese market, CG Motors will also launch NETA S and NETA U to meet the future needs of the local electric vehicle market in Nepal.