Introducing the Neta L SUV: Revolutionizing the EV Market with Affordability

Neta L SUV Debuts

In a significant expansion of its electric vehicle lineup, Neta Auto, under the aegis of Chinese EV giant Hozon Auto, launched the new Neta L SUV. Today’s launch showcased the model in its extended-range electric vehicle (EREV) configuration, with the announcement of future availability in battery electric vehicle (BEV) versions.

Detailed Specifications and Pricing

Available in four distinct models, the Neta L EREV pricing starts at RMB 129,900 ($18,000) and reaches up to RMB 159,900. The entry-level model is slated for an official release in August, though pricing details were disclosed at today’s event. Structured on the innovative Shanhai platform, the Neta L is designed as a five-seater mid-size SUV, stretching 4,770 mm in length, with a width of 1,900 mm and height of 1,660 mm, and boasts a substantial wheelbase of 2,810 mm.

Innovative Features and Enhanced Performance

The Neta L is powered by a 1.5L four-cylinder engine, supplemented by a 40.27 kWh battery pack, allowing it to cover up to 310 kilometers per charge according to CLTC standards. Mirroring the innovation seen in Li Auto models, the Neta L is equipped with luxury features including a built-in refrigerator and twin 15.6-inch screens. The SUV also offers a seat with comprehensive 8-point massage and zero-gravity features for maximum comfort. In addition, Neta provided a sneak peek of the Neta S shooting brake model, which is expected to premiere at the upcoming Beijing auto show.

($1 = RMB 7.2439)

As Neta prepares for a potential Hong Kong IPO, this model’s launch marks a strategic step in bolstering their market presence, particularly following a slight decrease in their vehicle sales in 2023. The Neta L combines affordability with cutting-edge technology and luxurious amenities, positioning it as a formidable contender in the global electric vehicle market.

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