STATEMENT: President of Neta Auto: The NEVs will serve as digital mobile terminals

BANGKOK, June 28, 2023 /PRNewswire/ -- The 16th World Chinese Entrepreneurs Convention opened in Thailand on June 25, bringing together more than 3,000 Chinese entrepreneurs from around the world.

STATEMENT: President of Neta Auto: The NEVs will serve as digital mobile terminals

BANGKOK, June 28, 2023 /PRNewswire/ -- The 16th World Chinese Entrepreneurs Convention opened in Thailand on June 25, bringing together more than 3,000 Chinese entrepreneurs from around the world. Fang Yunzhou, founder and president of Neta Auto, was invited to the event as a representative of Chinese NEV entrepreneurs, and delivered a speech titled "New Energy Vehicles: Digital Mobile Terminals for the Future." Fang shared his views with the guests and inquired into the new development guidelines of electric vehicles, aiming to drive the quality development of the industry.

With more than two decades of technology R&D in this field, Fang said that NEVs can be seen as a gateway to the fusion of the Internet of Information, Internet of Energy and Internet of Vehicles. They are the ideal platform for the interconnection of all things and will have a profound impact on the future of transportation, lifestyle and society, as well as energy, the environment and technology. This innovation and development will drive and lead the industries and products of the future.

Fang said that NEVs have to go through a long-term technological transformation and ecosystem-based social traffic evolution before becoming digital mobile terminals. There will be two phases of development: one will be divided into electrification, Internet-based connection and intelligentization, and the other will consist of intelligentization, energy regeneration and greening.

Fang also considered NEVs as a promising segment, which will maintain rapid growth from 2020 to 2050 driven by new technological revolutions, and will cover a wide range of links including raw materials, chips, software, algorithms, supercomputing centers, parts and components, assemblies, supply chain, vehicle industry, service system, user community, financial services and battery recycling. Meanwhile, a new ecosystem, consisting of travel, energy and smart cities, will take shape on the basis of digital mobile terminals, bringing people intelligent life.

Neta Auto, a Chinese manufacturer of intelligent electric vehicles that is a pioneer in international markets, is present in ASEAN, where the convention was held, with a high sales volume in Thailand and other markets, contributing to the rapid growth of the industry in China and ASEAN.

For Neta, globalization consists of the systematic export of the industrial chain and collaboration, instead of the mere export of products. For example, it provides world-leading smart ASEAN NEV users while building charging stations. Starting this June, customers can recharge their Neta cars at all charging stations in Thailand. In addition, Neta Auto started the construction of its first factory in Thailand last March, the first plant of Chinese EV companies in this country, which will be an important manufacturing base for Neta Auto to produce and export RHD EVs to ASEAN. .

Neta is becoming a world-class company. In overseas markets, its European division and its Thai subsidiary have made rapid progress with the launch of three specific products. It has entered the ASEAN, South American and Middle Eastern markets, becoming the first Chinese EV company to launch and deliver new cars in Thailand, Malaysia and Jordan. Neta will participate in the IAA Mobility fair this year and Neta GT will soon reach foreign markets.

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