RELEASE: NETA Auto Signs MOU with HKSTP, Establishing International Headquarters in Hong Kong


RELEASE: NETA Auto Signs MOU with HKSTP, Establishing International Headquarters in Hong Kong

HONG KONG, Sept. 2, 2023 /PRNewswire/ -- NETA Auto and Hong Kong Science

The development of electric vehicle startups like NETA Auto is driven by China's leading new energy sector. Upholding the original aspiration of "making smart EVs for all", this start-up is committed to making quality smart EVs accessible with the enterprise value of "technology for all". Its products have covered all kinds of electric vehicles from A0 class cars to B class cars. The company also launched future technologies such as Shanhai platform, Tiangong battery and HOZON 2.0 smart technology, signifying a future-ready breakthrough of its technology system. In addition, it accelerates its globalization strategy and has accessed markets in ASEAN, South America and the Middle East with more than 320,000 global users.

"As a major driver of China's auto sector, NETA will work with the Hong Kong government under the MOU to support China's strategic emerging industries and make Chinese-made new energy vehicles available to the world," he said. Fang Yunzhou.

As NETA Auto has advanced in products, technology and internationalization after years of development, which is now embracing a new stage of global development, Hong Kong becomes your first-choice access to enhance international cooperation. According to the MOU, the company will gain an advantage in unlocking its investment potential and fitting into global value chains by taking advantage of Hong Kong's status as an international business hub, while intensifying its efforts to go global.

Sun Dong said, "As a focus of the global technology industry, the new energy vehicle sector has the advantage of connecting all sectors along the industrial chain, attracting all kinds of cutting-edge technology R&D projects. The Hong Kong government is determined to make Hong Kong an International Center for I

According to the MOU, NETA Auto will establish an international headquarters at HKSTP. It also plans to invest about RMB 3.2 billion in five years, build a more than 40,000-square-foot smart R&D center and big data center, and hire about 600 R&D staff. In doing so, it aims to attract more talents. of I

The partnership will transform NETA Auto from a Chinese automaker to a global technology company. In addition, it will raise the value of Chinese auto brands around the world, while enhancing the global impact of China's auto sector in the intelligence and new energy segments.

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