Neta is preparing to arrive in Brazil in 2024 by announcing hiring executives to kick-start the Brazilian operation.

Neta is an electrified vehicle brand launched in China in 2018. It focuses on manufacturing electric vehicles with range extenders. Its current line comprises the Neta Aya, Neta X, Neta S and Neta GT models.

Neta's international expansion began in 2022, focusing on the Southeast Asian and European markets at first. The company has already opened a business division in Europe and started production in a new factory in Thailand with an annual capacity of 20,000 units, the first outside China.

Intending to sell 100,000 electric and hybrid vehicles in international markets in 2024, Neta plans to enter 50 global markets, which include Latin America and, naturally, Brazil.

(Source: InsideEVs)