Recently, a batch of NETA Auto electric cars arrived at the port of Espírito Santo, marking the official start of the Chinese brand's wholesale operations in Brazil.
Thus far, NETA Auto has opened more than 30 sales channels in the Brazilian market, largely covering the main sales regions in first-, second- and third-tier cities, especially in the large and medium-sized cities with the highest penetration of electric vehicles, such as São Paulo and Brasília. By 2025, the number of the brand's stores in Brazil is expected to double.
In addition, NETA Auto has established a strategic partnership with investment bank BTG Pactual, which will provide support for the brand's entire industrial chain. To meet the growing sales volume in the Brazilian market, NETA Auto is also looking for KD assembly opportunities and exploring the possibility of local production.
(Source: China 2 Brazil, on October 1)