AION is a high-end pure electric brand of GAC Group, one of the world's top 500 companies, and is the earliest automobile manufacturing enterprise in China to do electrification and intelligent research, with independent brands, channels, services and operations.

Aston Martin Lagonda Global Holdings plc is a British luxury automobile manufacturer renowned for its iconic sports cars, grand tourers, and high-performance vehicles. Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin has become a symbol of sophistication, luxury, and exclusivity. Its vehicles are celebrated for their elegant design, powerful performance, and association with James Bond films.

Audi Malaysia, which operates under Audi Singapore, was incorporated in 2014 after acquiring from Euromobil Sdn Bhd. All models are fully imported as Audi Malaysia doesn’t possess any manufacturing plant in Malaysia. Some of the models include A3, A4, A5, A6, A7, A8, Q2, Q3, Q5, Q7, Q8, TT, R8 and many more.

Established in 2003, BMW Malaysia Sdn Bhd, now known as BMW Group Malaysia, is a joint venture between BMW Group and Sime Darby Bhd. The group operates a vehicle and engine assembly plant, a regional parts distribution centre and a regional IT, sales and after-sales training centre in Malaysia. The authorized importer and distributor of BMW and MINI vehicles in Malaysia have introduced many popular models, such as the 3 Series, 5 Series, 7 Series, X1, X3, X5, amongst others.

BYD is the largest supplier of rechargeable batteries in the world and has the largest market share of Nickel-cadmium batteries, Li-ion batteries and chargers for mobile phones and keypads worldwide.  BYD Auto has become the most innovative Chinese Auto brand leader in the field of electrified transportation with many world class proprietary technologies.  In its effort to promote greener transportation solution and reducing pollution from vehicle emission, it sold the most numbers of electric vehicles worldwide in 2015 and 2016.  Today, it has the presence across 6 continents, in more than 50 countries and regions, and over 250 cities worldwide.

Quality and customer satisfaction, above all else, is the top priority of our specialization in light commercial vehicles since 2009. Top-notch vehicles are difficult to find, not to mention getting replacements in cases of emergency. Poor quality or shortages of spare parts can indeed lead to expensive repairs, and all of this can take a toll on your business.

Founded in 1997, Chery Automobile Co., Ltd. is a globalised automobile brand located in China, committed to delivering intelligent automotive technology to users around the world. Over the past 20 years, Chery has always insisted on independent innovation, established R&D centers in China, Germany, United States and Brazil. It also has established a global automotive R&D team of more than 5,500 people，thus gradually establishing the holistic technology and product R&D system. In this way, Chery has successfully created product brands such as Arrizo, Tiggo with cumulative global sales of more than 10 million units.

Deepal Automobile, also known as Deepal Auto, is a Chinese automotive brand that specializes in the development and production of new energy vehicles (NEVs), such as electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs). It is a subsidiary of Changan Automobile, a leading automotive manufacturer in China with a rich history in traditional and new energy vehicle manufacturing.

DENZA is a luxury electric vehicle brand created through a joint venture between BYD (Build Your Dreams) and Mercedes-Benz. Initially launched in 2010, the DENZA brand combines BYD’s expertise in electric vehicle technology with Mercedes-Benz’s premium design and engineering. It focuses on producing high-end, fully electric vehicles for the Chinese market, although there is potential for international expansion in the future.

Sime Darby Auto ConneXion Sdn Bhd, part of the Sime Darby Motors network, took over from Ford Malaysia in 2008 and became the sole distributor of all Ford vehicles in Malaysia. Some of their popular models include the Ford Ranger, the Everest and the Mustang.

The Guangzhou Automobile Group Co., Ltd. (GAC) was incorporated in June 1997 and is currently a Fortune 500 company with a ranking of 165. GAC branded vehicles have taken the top spot in J.D. Power’s China Initial Quality Study for the last eight consecutive years and is distributed and retailed in 30 countries around the world. WTC Automotif (M) Sdn Bhd (WTCA) is fully owned subsidiary of Warisan TC Holdings Bhd. WTCA is the sole and exclusive distributor of GAC vehicles (ICE and PHEV) and GAC AION (BEV) in Malaysia. Dedicated to expanding its excellent service presence nationwide, with a commitment to providing unparalleled automotive experiences for customers across the country.

Great Wall Motor (GWM) is a global intelligent technology company providing customers worldwide with green and intelligent mobility solutions. The business scope of GWM covers design, R&D, production, distribution, and services of automobiles and parts, and is now extending throughout the industrial chain, particularly to clean energy fields such as hydrogen and solar energy. Among the new top priorities in its business blueprint are future-oriented technologies such as intelligent connected vehicles, intelligent driving, and leading-edge chips. Great Wall Motor Malaysia was launched simultaneously, giving consumers a new platform to learn more about the brand. On the website, GWM, in a young, intelligent and modern image, will showcase its brand concept of smart living and future innovations. Later, the website will continue to update new features with the launch of first model.

In China, Haval SUV ranked No. 1 in sales volume for 12 consecutive years. In 2014 Haval sold 429,000 units in China, up 53 percent year on year. As China's SUV leader,Haval launched the new brand logo on March 2013. With professional brand image, Haval is dedicated to SUV segment with the goal of becoming a world first class SUV brand. As a brand-new off-road brand, the name JAECOO is inspired by a fusion of the German word "Jäger" and the English word "Cool." This melding captures both off-road and urbanism while exuding a refined style and quality that imparts a mission of brave exploration and unwavering perseverance.

Established in year 2000, Honda Malaysia is a partnership between Honda Motor Co. Ltd. of Japan, DRB-HICOM Berhad and Oriental Holdings Berhad. Nearly all of the models offered in Malaysia are locally assembled in the Pegoh plant in Melaka. And virtually all models are popular in Malaysia, including the Honda City, Jazz, CR-V, HR-V, BR-V, Civic and Accord. The fully imported cars like the Odyssey and Civic Type R sell in smaller volume. Find out the latest news, reviews, prices, specifications and promos for all Honda models currently on sale in Malaysia

Sime Darby Motor acquired the Hyundai brand after acquiring Hyumal Motor Sdn Bhd (now known as Sime Darby Hyundai Sdn Bhd) and Hyundai Berjaya Sdn Bhd, also known as Hyundai-Sime Darby Motors Sdn Bhd, the official importer and distributor of Hyundai vehicles and spare parts in Malaysia. The locally assembled models are manufactured at Inokom’s plant in Kulim. Some of its models include the Hyundai Elantra, Kona, Sonata, Grand Starex, Santa Fe, i30N, Tucson, Ioniq and many more.

Isuzu Malaysia Sdn Bhd is a joint venture between DRB-Hicom Group Bhd, Isuzu Motors Ltd and Mitsubishi Corporation, incorporated in 2004. The official distributor of Isuzu vehicles in Malaysia supplies Isuzu commercial vehicles and supplies passenger vehicles like the D-Max and MU-X. Its locally assembled plant is located in Pekan, resulting from a joint venture between DRB-Hicom Bhd, Isuzu Operations (Thailand) Co. Ltd and Isuzu Motors Asia Ltd.

Anhui Jianghuai Automobile Group Co., Ltd. (abbreviated as JAC Motors or JAC) is a comprehensive automobile enterprise that integrates R&D, production and sales of a full range of commercial vehicle, passenger vehicle and powertrain, and covers many fields such as ride hailing/sharing and financial services. JAC develops simultaneously on "advanced energy-saving vehicles, new energy vehicles, and intelligent connected vehicles". JAC is awarded as the National Torch Program's key high-tech enterprise, the top 500 Chinese companies, and the top five Chinese independent vehicle brands.

Jaecoo is a marque launched in 2023 from Chinese car manufacturer Chery. The brand is reserved for export SUV models to Europe, Russia, Malaysia, Middle East and South Africa with sales starting in early 2024 in many markets.

As the sole importer and distributor of Jaguar and Land Rover automobiles in Malaysia, Jaguar Land Rover (Malaysia) Sdn Bhd is the joint company between Sisma Auto and Sime Darby Motors that represents Jaguar Malaysia. As previously mentioned, all Jaguar models are imported in full, beginning with the XE, XF, and XJ saloon line and continuing through the F-Pace SUV range and the F-Type coupe. Get the most recent information on all new Jaguar models available for purchase in Malaysia, including news, reviews, specs, costs, and promotions.

Jetour is a marque of Chinese vehicle manufacturer Chery that was established in 2018. The company mostly manufactures SUVs and crossovers. Wuhu Jetour Automobile Sales Co., Ltd. is the distributor of Jetour automobiles in China.

On 1 July 2020, ATM entered into a Vehicle Technology Licensing Contract with Jiangling Motors Corporation Ltd (JMC) to formalise the collaboration between ATM and JMC, whereby JMC has granted ATM a sole and non-transferable right to manufacture, assemble and sell JMC Vigus Pro pick-up vehicle model and its components in Malaysia. An innovative game changer, JiangLing Motors Co. Ltd (JMC) is one of the established vehicle brands in China and manufacturer for a leading American automobile company. Listed in the Top 100 World Auto Brands with an array of other awards, JMC sets the standard on quality, safety and technological advancement with their constant pursue to fuel growth.

Bermaz Auto Bhd took over the Kia business in Malaysia from Naza Kia Malaysia Sdn Bhd in 2021. As a result, Kia vehicles’ official distributor and importer in Malaysia will operate its completely knocked-down projects in Kulim’s Inokom plant. Kia Picanto, Sportage, Sorento, Grand Carnival, and Kia Optima are some of the company’s popular models.

Established in 2014, Jaguar Land Rover Sdn Bhd is a joint venture between Sime Darby Motors Sdn Bhd and Sisma Auto Sdn Bhd. The exclusive importer of Jaguar and Land Rover vehicles in Malaysia, in turn, appointed Sime Darby Auto Connexion and Sisma Auto as both the Jaguar and Land Rover dealers across Malaysia. The company fully imports Land Rover models like the Range Rover Evoque, Range Rover Velar, Range Rover Sport, Range Rover, the Defender, the Discovery and the Discovery Sport.

Leapmotor, a Chinese electric vehicle manufacturer founded in 2015, emphasizes cutting-edge technology and innovation, investing heavily in research and development to integrate advanced features such as autonomous driving, smart connectivity, and high-performance battery systems into their diverse product lineup of sedans, SUVs, and compact cars, all while maintaining a focus on modern design, affordability, and sustainability through the promotion of renewable energy and environmentally friendly manufacturing processes, aiming to reduce the carbon footprint of transportation and provide a seamless digital experience with AI-powered infotainment systems, voice recognition, and over-the-air software updates, as they compete with major EV manufacturers like NIO, XPeng, and BYD in the Chinese market with aspirations for international expansion, all supported by comprehensive customer services, including home charging solutions, warranties, and dedicated support.

Lexus Malaysia (A division of UMW Toyota Motor Sdn Bhd) is the authorized importer and distributor of Lexus vehicles in Malaysia, established in 2006. Some of its most recent models are UX 200, LS 500, RX 300, LC 500 and LM 350. All of their models are fully imported from Japan.

Lotus was founded by Colin Chapman in 1948 in Hethel, UK. A maverick engineer and era-defining mind, Chapman believed in the power of simplicity, subtracting the redundant and investing in the essential. Over the years, Lotus has remained true to its founder’s spirit, with countless racetrack victories and engineering breakthroughs to its name. Lotus has 3 models on sale in Malaysia, including 1 Convertible, 1 Coupe, 1 Hybrid and EV.

Naza Italia Sdn Bhd, which was given legal permission by Maserati S.p.A. in 2009 to become Malaysia's exclusive importer and distributor of all Maserati models, is the representative organization for Maserati Malaysia. The Levante SUV is the most well-liked model in Malaysia, with the Ghibli and Quattroporte still being uncommon choices. Discover all of the specifications, prices, reviews, and news for Maserati cars that are now available for purchase in Malaysia.

Maxus is a division of SAIC (Shanghai Automobile and Industrial Corporation), the largest automotive manufacturer in China. A Fortune Global 500 company, SAIC sold almost 6 million vehicles in 2015 and has formed joint ventures with Volkswagen and General Motors. Currently, Maxus has 3 models on sale in Malaysia, including 1 MPV, 1 Pickup, 1 Commercial.

Established in 2008, Bermaz Auto Bhd is the official distributor of Mazda vehicles and spare parts in Malaysia. The company operates its locally assembled models like the CX-5 and CX-8 in the Inokom plant, Kulim. Some of the available models are the Mazda 2, Mazda 3, CX-3, CX-30, CX-5, Mazda 6, CX-8, CX-9 and MX-5.

Mercedes-Benz Malaysia Sdn. Bhd. is wholly owned by Daimler AG which has employed approximately 450 people, with its administrative, sales, and training centre headquartered at Wisma Mercedes-Benz in Puchong and its production factory in Pekan, Pahang. The company's portfolio includes the Mercedes-Benz brand, as well as the Mercedes-AMG, Mercedes-Maybach, and Mercedes me sub-brands, as well as the EQ product and technology brand for electric mobility. Its most popular models, including the C-Class, GLC, E-Class, and S-Class, are built in the country, while the remainder are imported entirely. Popular models include the C-Class, GLC, S-Class and E-Class which are domestically produced, with the remainder being imported.

Maybach in Malaysia epitomizes luxury automotive excellence, offering opulent design, advanced technology, and bespoke services tailored to affluent clientele. With a focus on personalized experiences and sustainable innovation, Maybach represents the pinnacle of automotive luxury in the Malaysian market.

MG is a British automotive marque founded by Cecil Kimber in the 1920s, and M.G. Car Company Limited was the British sports car manufacturer that made the marque famous. Best known for its open two-seater sports cars, MG also produced saloons and coupés, with engines up to three litres in size and 3.5 L in the case of the MGB GT V8. The marque is now owned by Chinese state-owned automaker SAIC Motor Corporation Limited.

MINI Malaysia is part of BMW Group Malaysia, is the authorized importer and distributor of BMW and MINI vehicles in Malaysia. Most of its models are fully imported, such as the MINI 3 Door, 5 Door, Convertible and Clubman. As for the Countryman, the Cooper S Countryman and the Countryman Plug-in Hybrid are locally assembled in Kulim.

Mitsubishi Motors Malaysia Sdn Bhd is a joint venture company between Mitsubishi Corporation and Edaran Otomobil National Bhd, established in 2005. As the sole distributor of Mitsubishi vehicles in Malaysia, some popular models are the Triton, Outlander and Xpander. The Triton is imported from Thailand, while the Outlander is assembled locally in Segambut.

NETA Auto has expanded its business to the Malaysia market in 2023 under the name NETA Malaysia (wholly owned by Intro Synergy Sdn. Bhd.) with the goal of allowing Malaysian to own 100% electric-powered cars that come with cutting-edge electric vehicle technology at affordable price, in line with the organization’s vision of “Creating Electric Vehicle Innovation…for Everyone”.

Nissan Malaysia is represented by Edaran Tan Chong Motor Sdn Bhd, Malaysia's sole distributor of Nissan automobiles. Segambut and Serendah houses their assembly plants with single-shift manufacturing capacities of 20,000 and 18,000 units per year, respectively. The current lineup includes the Almera, Serena, X-Trail, Navara, Leaf, and NV200 which is a combination of CKD and CBU models.

Ora (Chinese: 欧拉; pinyin: Oūlā; stylised as ORA) is a Chinese marque of electric passenger cars and crossovers based in Baoding, operating since 2018. The brand belongs to the car manufacturer Great Wall Motors. GWM named the brand ORA to commemorate the world-renowned scientist Leonhard Euler. It implies that ORA has leading resource technologies (ME platform), strict quality standards, personality, people-oriented design concept, intelligent products, and a model advancing with the times, so the new generation of consumers could more easily enjoy the most reliable resource electric vehicle and the driving experience beyond expectations.

Founded in 1993 in collaboration with Daihatsu Motor Company, Perodua is the Malaysia's second national automobile manufacturer with headquarters located in Sungai Choh, Rawang. The 522-acre plot of land houses a corporate building, two vehicle manufacturing facilities, and a research and development facility inclusive of a test track. Models from the brand include Myvi, Bessa, Axia and Aruz.

Peugeot Malaysia, represented by Nasim Sdn Bhd, a subsidiary of Naza Group served as the official distributor of the Peugeot brand in Malaysia since January 2008. They are the ASEAN region's production hub for right-hand drive markets, with a manufacturing unit in Gurun. The 3008 and 5008 SUVs are currently popular models.

With 10 models on sale in Malaysia, Porsche offers an extensive portfolio which includes 6 Sedan, 3 SUV, 1 Hybrid and EV. At RM 150900, the Porsche Taycan is the most affordable Porsche car while Porsche Panamera Panamera Turbo is the most expensive Porsche model, costing RM 1000000.

Established in 1983 as Malaysia's first car manufacturer is Proton, with headquarters now located in Shah Alam alongside a manufacturing plant in Tanjung Malim. Current popular models include the Saga, Persona, Iriz and X70 - its first SUV model with Geely.

TC Euro Cars Sdn Bhd, part of Tan Chong Group, represents Renault Malaysia as its official distributor, including the assembly, distribution as well as after-sales support. Vehicles are built at the same Tan Chong Motor assembly plant in Segambut as a number of other brands. It is built at the same Tan Chong Motor assembly plant in Segambut as a number of other brands. TC Euro Cars is now focusing its efforts on the Koleos, Captur, and Megane RS.

Founded in February 2011, Rolls-Royce Holdings plc is a multinational aerospace and defense business based in Britain. The corporation owns Rolls-Royce, a company that was founded in 1904 and currently develops, produces, and markets power systems for use in the aviation and other industries. In addition to having significant operations in the energy and marine propulsion industries, Rolls-Royce is the second-largest manufacturer of aviation engines worldwide, behind General Electric.

BRABUS is a leading global luxury mobility brand based in the heart of Germany’s Ruhr Region. Renowned among enthusiasts in over 100 countries for the creation of high-end supercars and as automotive individualization experts since 1977, we offer a highly diversified product portfolio defined by the BRABUS 1-Second-Wow effect that underlines our customers’ unique personalities. SMART, the exclusive BRABUS MARINE Shadow series of high-performance superboats, and the highly limited BRABUS motorcycles developed in collaboration with leading European motorcycle manufacturer KTM have laid the foundation for a steadily growing global portfolio of diverse 1-Second-Wow luxury mobility products.

Motor Image Malaysia Sdn Bhd, a wholly owned subsidiary of Tan Chong International Limited and the distributor of Subaru automobiles locally, represents Subaru Malaysia. The Subaru XV and Forester are currently assembled at the plant, whereas other models such as the Outback, Levorg, WRX, and BRZ are exclusively imported from Japan.

Suzuki Motor Corporation is a Japanese multinational mobility manufacturer headquartered in Hamamatsu, Shizuoka. It manufactures automobiles, motorcycles, all-terrain vehicles, outboard marine engines, wheelchairs and a variety of other small internal combustion engines.

Tesla, Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas, which designs, manufactures and sells electric vehicles, stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.

Toyota Malaysia is represented by UMW Toyota Motor Sdn Bhd - a joint venture of UMW Corporation Sdn Bhd, Toyota Motor Corporation Japan, and Toyota Tsusho Corporation Japan. In Malaysia, they are involved in the assembly, marketing, and distribution of Toyota cars. Two assembly plants are located in Shah Alam and the other in Bukit Raja respectively. The Toyota Hilux and Vios are its best-selling models, with the Camry, Corolla Altis, Yaris, Innova, Alphard, Vellfire, Avanza, Rush, C-HR, Harrier, Fortuner, Hiace, and GR Supra complementing its portfolio.

Volkswagen Passenger Cars Malaysia (VPCM) is the official distributor of Volkswagen vehicles in Malaysia. In Pekan, there is an assembly facility operated by DRB-Hicom and Volkswagen Group that manufactures a variety of models. The Vento, Polo, Tiguan, and Passat are all locally assembled cars while the Golf and Beetle, on the other hand, are entirely imported.

Volvo Car Malaysia Sdn Bhd, which was founded in 1999 represents Volvo Malaysia. With the company taking over Federal Auto's role of being the official distributor, Volvo manufacturing plant is located in Shah Alam and is one of Malaysia's oldest assembly plants. The XC40, XC60, XC90, S60, and S90 are now produced at the factory.

A Chinese smart electric vehicle (EV) company is called XPeng Inc. (XPeng). The business creates, develops, produces, and markets intelligent electric vehicles (EVs). The G3i (compact SUV), P7 (sports sedan), P5 (family sedan), G9 (flagship SUV), and P7i (sports sedan) are among XPeng's smart electric vehicle (EV) models. It runs manufacturing facilities in Guangzhou and Zhaoqing, China. In addition to software sales, the company offers a full range of charging solutions, value-added services, and after-sales support. It is active in Germany, Denmark, the Netherlands, Norway, and Sweden. Xpeng's main office is located in Guangzhou, China.

Yangwang represents a bold move by BYD to penetrate the premium automotive market. With its advanced technology, luxurious designs, and commitment to sustainability, Yangwang is poised to become a significant player in the global luxury vehicle industry.

Zeekr (Chinese: 极氪; Chinese: 極氪; pinyin: Jí kè; lit. 'Extreme Krypton') is a Chinese premium electric automobile brand owned by Geely Automobile Holdings. Founded in 2021, it specializes in electric cars. Zeekr's products are built on the EV-focused Sustainable Experience Architecture (SEA).

Volvo EX90

MG S5

Xpeng X9

XPENG X9

Volvo EC40

Mercedes-Maybach EQS 680

Denza D9

BMW i4

BMW i4 eDrive35 M Sport

Proton eMas 7

Proton e.MAS 7

Aion ES

GAC AION ES

Zeekr 009

Zeekr X

MG Cyberster

Dong Feng Box

BYD Sealion 7

JAC T9

Leapmotor C10

BYD M6

MINI All-Electric Mini Aceman

MINI Aceman

Volvo EX30

BMW i5

BYD Seal

Xpeng G6

XPENG G6

Mercedes-Benz EQS 450 SUV

Mercedes-Benz EQS 450 4MATIC SUV

Lotus Emeya

Porsche Taycan

Porsche Taycan Turbo GT

MINI All-Electric Mini

MINI Cooper SE

Lexus RZ450e

Smart #3

Porsche Macan Electric

Kia EV 9

Kia EV9

BMW i5 M60

Aion Y Plus

Mercedes-Benz EQE 350+ SUV

Mercedes-Benz EQE SUV

MINI All-Electric Mini Countryman

All-Electric MINI Countryman SE

Neta X

JAC i Series

JAC i75 EV

BYD Atto 3

Tesla Model 3

Chery Omoda E5

BMW iX

MG ZS EV

Volvo C40 Recharge

MG 4

MG4 EV

ORA 07

Ora 07

Audi SQ8 e-tron

CAM EA

CAM EA4

Maxus eDeliver 7

Maxus eDeliver 3

Maxus MIFA 9

Weststar Maxus Mifa 9

Mercedes-Benz EQS 580

Mercedes-Benz EQS 580 4MATIC SUV

Rolls-Royce Spectre

Rolls-Royce Spectre EV

BYD Dolphin

Hyundai Ioniq 6

Smart #1

Kia Niro EV

Tesla Model Y

BMW i7

Mercedes-Benz AMG EQS 53

Mercedes-AMG EQS

Mini Electric

Peugeot e-2008

Neta V

BMW iX1

Lotus Eletre

Jaguar I-Pace

Jaguar i-Pace

Audi Q8 e-tron

Audi e-tron GT

Mercedes-Benz EQS 500

Mercedes-Benz EQS 500 4Matic

BMW iX2

Ford Mustang Mach-E

Mercedes-Benz EQE 350+

Mercedes-Benz EQE Sedan

ORA Good Cat

Ora Good Cat

Mercedes-Benz EQC 400

Mercedes-Benz EQC 400 4Matic

Mercedes-Benz EQB 350

Mercedes-Benz EQB 350 4Matic

Kia EV 6

Kia EV6

BMW i4 M50

CAM EC35

Mercedes-Benz EQA 250

Mercedes-Benz EQA

BMW iX3

Hyundai Ioniq 5

Volvo XC40 Recharge

Hyundai Kona Electric

Perodua eMO-II

Renault Zoe

Deepal S05

Mazda MX-30

Nissan Leaf

BMW i3

BMW i3S

Perodua Axia

Perodua Myvi

Perodua Alza

Toyota Vellfire

Toyota Veloz

Honda City

Honda Civic

Perodua Bezza

Proton Saga

Toyota Vios

Toyota GR Supra

Toyota GR Yaris

Bentley Continental GT

MINI Convertible

Mini Convertible

Land Rover Defender

Porsche 911

Volvo XC90

Mazda MX-5

Jetour Dashing

Jaecoo J8

<img src="https://static-content-live.caricarz.com/media_library/post/17080/15063001/conversions/web_MA_CariCarz_Neta-X-launch_TRX-KL_-full_normal.jpg" style="width: 100%;" data-media-id="15063001" alt="web_MA_CariCarz_Neta-X-launch_TRX-KL_.jpg"> Neta Auto has reportedly reached a deal with its creditors that could buy it more time to <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/netas-troubles-can-the-automaker-bounce-back" target="_blank">turn things around</a>. According to Chinese media outlet Jiemian, Neta signed a debt-for-equity swap agreement with 134 key domestic suppliers involving more than RMB 2 billion (about RM1.3 billion).Under the plan, 70% of the suppliers’ outstanding payments will be converted into equity in Neta’s parent company, Hozon Auto, while the remaining 30% will become interest-free debt. This debt will be split into 15 equal installments, with repayment scheduled to start in May at a rate of one installment per month. <img src="https://static-content-live.caricarz.com/media_library/post/17080/15063002/conversions/Neta-Flagship-Store-34-full_normal.jpg" style="width: 100%;" data-media-id="15063002" alt="Neta-Flagship-Store-34.jpg"> Another report confirmed that the proposal has gained support from major suppliers, including battery giants CATL and Gotion High-tech. Hozon Auto, which owns the Neta brand, was founded in Oct 2014 and secured its production license in April 2017. Currently, Neta is the company’s only automotive brand.Back in Nov 2024, <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2025/03/neta-faces-financial-crisis-dismantles-rd-team-in-china" target="_blank">Neta carried out large-scale layoffs</a> as it struggled with financial difficulties. On March 19 this year, the company held a meeting at its headquarters with some of its suppliers to discuss the debt-for-equity plan.&nbsp;During the meeting, Neta executives explained that the company’s fixed assets were not enough to cover its debts and that bringing in fresh investment was essential for survival. <img src="https://static-content-live.caricarz.com/media_library/post/17080/15063003/conversions/ef3f93f216894d1fbcc3bd394e706fd2-e1744605119178-1536x865-full_normal.jpg" style="width: 100%;" data-media-id="15063003" alt="ef3f93f216894d1fbcc3bd394e706fd2-e1744605119178-1536x865.png"> Neta’s total liabilities are currently close to RMB 10 billion (RM 6.1 billion), with around two-thirds of that owed to suppliers. Because of the heavy debt, potential investors have been reluctant to commit funds unless Neta reduces its liabilities first.In 2022, Neta delivered 152,073 vehicles, a 118.26% jump compared to 2021. However, its vehicle deliveries slumped in the past two years, more so that it has stopped publishing monthly sales figures after Oct 2024. <img src="https://static-content-live.caricarz.com/media_library/post/17080/15063004/conversions/NETA-X-(42)-full_normal.jpg" style="width: 100%;" data-media-id="15063004" alt="NETA-X-(42).jpg"> Despite pausing vehicle sales in China, it is reported Neta is still pushing ahead with international expansion. Recently the company announced its participation in the 46th Bangkok International Motor Show and shared its aim to sell more than 10,000 vehicles per year in Thailand.Thailand is one of Neta’s biggest foreign markets, however it is not doing so well in neighbouring Malaysia and Indonesia. It was also reported Neta has shut its door in <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2025/04/neta-exits-singapore-a-sign-of-deeper-trouble-ahead" target="_blank">Singapore barely three months</a> after beginning operations. <img src="https://static-content-live.caricarz.com/media_library/post/17080/15063005/conversions/Screenshot-2025-04-07-153726-full_normal.jpg" style="width: 100%;" data-media-id="15063005" alt="Screenshot-2025-04-07-153726.jpg"> Neta also announced recently that is has secured a <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2025/03/neta-autos-survival-bid-rm11-billion-thai-lifeline" target="_blank">THB10 billion (RM 1.3 billion) credit line</a> from a Thai financial institution. Source: <a rel="nofollow noopener noreferrer" href="https://cnevpost.com/2025/03/25/neta-deal-creditors-into-shareholders-report/" target="_blank">CNEVPOST</a>&nbsp;

Neta Auto reaches RMB 2 billion debt-for-equity deal with suppliers, offering a lifeline as it navigates heavy liabilities and seeks fresh investment.

Neta Auto Eyes Revival With Debt Swap

<img src="https://static-content-live.caricarz.com/media_library/post/16882/14981276/conversions/NETA-L-(19)-full_normal.jpg" style="width: 100%;" data-media-id="14981276" alt="NETA-L-(19).JPG"> Chinese electric vehicle (EV) brand Neta may have just pulled out of the Singapore market, and it does in less than three months after launching with significant fanfare, according to reports by The Business Times and AutoApp Singapore.The brand's showroom at One Commonwealth, once seen as a key step in Neta’s international expansion, appears to have shuttered its doors. While no official statement has been made, the closure suggests the brand's local presence may have quietly ended.Neta entered Singapore with high hopes. During the 2025 Singapore Motorshow, it unveiled the Neta X and <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/neta-v-gets-zero-star-score-for-asean-ncap-crash-test" target="_blank">Neta Aya</a> at Suntec City, targeting value-conscious EV buyers in a growing market. <img src="https://static-content-live.caricarz.com/media_library/post/16882/14981277/conversions/NETA-X-(42)-full_normal.jpg" style="width: 100%;" data-media-id="14981277" alt="NETA-X-(42).jpg"> However, according to <a rel="nofollow noopener noreferrer" href="https://www.autoapp.sg/neta-exits-singapore-less-than-90-days-after-launch/" target="_blank">AutoApp Singapore</a>, only four Neta vehicles have been registered locally — two even before the official launch in Jan 2025, and two more that same month. Since then, there’s been no sign of customer deliveries. It’s believed all four cars may have been demo units owned by local distributor Evology Automobile.Evology, incorporated in June 2024, was tasked with handling Neta’s sales and support in Singapore. Just under a year later, it appears that the partnership has stalled, leaving behind a near-empty showroom and growing speculation.As <a rel="nofollow noopener noreferrer" href="http://Chinese%20electric%20vehicle%20(EV)%20brand%20Neta%20may%20have%20just%20pulled%20out%20of%20the%20Singapore%20market,%20and%20it%20does%20in%20less%20than%20three%20months%20after%20launching%20with%20significant%20fanfare,%20according%20to%20reports%20by%20The%20Business%20Times%20and%20AutoApp%20Singapore.%20%20The%20brand's%20showroom%20at%20One%20Commonwealth,%20once%20seen%20as%20a%20key%20step%20in%20Neta%E2%80%99s%20international%20expansion,%20appears%20to%20have%20shuttered%20its%20doors.%20While%20no%20official%20statement%20has%20been%20made,%20the%20closure%20suggests%20the%20brand's%20local%20presence%20may%20have%20quietly%20ended.%20%20Neta%20entered%20Singapore%20with%20high%20hopes.%20During%20the%202025%20Singapore%20Motorshow,%20it%20unveiled%20the%20Neta%20X%20and%20Neta%20Aya%20at%20Suntec%20City,%20targeting%20value-conscious%20EV%20buyers%20in%20a%20growing%20market.%20%20However,%20according%20to%20AutoApp%20Singapore,%20only%20four%20Neta%20vehicles%20have%20been%20registered%20locally%20%E2%80%94%20two%20even%20before%20the%20official%20launch%20in%20Jan%202025,%20and%20two%20more%20that%20same%20month.%20Since%20then,%20there%E2%80%99s%20been%20no%20sign%20of%20customer%20deliveries.%20It%E2%80%99s%20believed%20all%20four%20cars%20may%20have%20been%20demo%20units%20owned%20by%20local%20distributor%20Evology%20Automobile.%20%20Evology,%20incorporated%20in%20June%202024,%20was%20tasked%20with%20handling%20Neta%E2%80%99s%20sales%20and%20support%20in%20Singapore.%20Just%20under%20a%20year%20later,%20it%20appears%20that%20the%20partnership%20has%20stalled,%20leaving%20behind%20a%20near-empty%20showroom%20and%20growing%20speculation.%20%20As%20The%20Business%20Times%20reported,%20Neta%E2%80%99s%20parent%20company%20%E2%80%94%20Shanghai-based%20Hozon%20New%20Energy%20Automobile%20%E2%80%94%20is%20facing%20severe%20financial%20strain.%20Between%202021%20and%202023,%20the%20company%20racked%20up%20losses%20of%20RMB17.2%20billion%20(RM11%20billion),%20a%20figure%20that%20raises%20serious%20questions%20about%20its%20long-term%20viability.%20%20We%20reported%20previously%20that%20a%20planned%20Series%20E%20round%20aimed%20to%20raise%20RMB4-4.5%20billion%20(RM2.5-2.7%20billion),%20with%20a%20key%20investor%20expected%20to%20contribute%20RMB3%20billion%20(RM1.8%20billion),%20but%20these%20funds%20have%20yet%20to%20materialize.%20%20Production%20at%20its%20Zhejiang%20factory%20was%20halted%20late%20last%20year.%20In%20Jan%202025,%20Neta%E2%80%99s%20sales%20dropped%2098%%20year-on-year.%20Employee%20salaries%20were%20slashed,%20and%20debts%20to%20suppliers%20piled%20up.%20%20Despite%20the%20group%20constantly%20denying%20reports%20of%20financial%20distress,%20news%20of%20a%20THB10%20billion%20(RM1.1%20billion)%20credit%20line%20extended%20from%20Thailand%20underscored%20its%20struggles,%20though%20it%20also%20offered%20a%20glimmer%20of%20hope.%20%20Despite%20these%20challenges%20in%20its%20home%20market,%20Neta%20Auto%20founder%20Fang%20Yunzhou%20maintains%20that%20the%20strategy%20is%20to%20focus%20on%20overseas%20markets%20and%20higher-margin%20products.%20The%20goal%20is%20to%20achieve%20positive%20gross%20margins%20by%202025%20and%20profitability%20by%202026.%20%20Neta%20is%20performing%20significantly%20better%20in%20Thailand,%20having%20shifted%207,969%20vehicles.%20In%20Malaysia,%20however,%20it%20only%20registered%20271%20EVs%20in%202024%20and%20just%2016%20in%20the%20first%20two%20months%20of%202025.%20%20Neta%E2%80%99s%20struggles%20reflect%20a%20broader%20pattern%20in%20China%E2%80%99s%20oversaturated%20EV%20market,%20where%20dozens%20of%20brands%20are%20competing%20for%20survival.%20Once%20positioned%20as%20an%20affordable%20EV%20option,%20Neta%E2%80%99s%20shift%20toward%20the%20premium%20segment%20proves%20to%20be%20an%20ambitious%20move%20that%20puts%20it%20head-to-head%20with%20giants%20like%20BYD.%20%20While%20there%20has%20been%20no%20official%20confirmation%20from%20Neta%20or%20Evology%20regarding%20the%20closure,%20a%20quick%20Google%20search%20for%20%E2%80%9CNeta%20Auto%20Singapore%E2%80%9D%20indicates%20that%20its%20sole%20facility%20at%20One%20Commonwealth%20is%20%22Permanently%20Closed,%22%20fueling%20strong%20speculation%20that%20Neta%E2%80%99s%20time%20in%20Singapore%20is%20already%20over.%20%20In%20light%20of%20this,%20the%20question%20now%20is%20how%20Malaysia%E2%80%99s%20expansion%20plans%20are%20progressing%E2%80%94especially%20in%20relation%20to%20the%20overdue%20CKD%20plans,%20which%20have%20yet%20to%20materialise." target="_blank">The Business Times</a> reported, Neta’s parent company — Shanghai-based Hozon New Energy Automobile — is facing <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2025/03/neta-faces-financial-crisis-dismantles-rd-team-in-china" target="_blank">severe financial strain</a>. Between 2021 and 2023, the company racked up losses of RMB17.2 billion (RM11 billion), a figure that raises serious questions about its long-term viability. <img src="https://static-content-live.caricarz.com/media_library/post/16882/14981278/conversions/web_MA_CariCarz_Neta-X-launch_TRX-KL_-full_normal.jpg" style="width: 100%;" data-media-id="14981278" alt="web_MA_CariCarz_Neta-X-launch_TRX-KL_.jpg"> We reported previously that a planned Series E round aimed to raise RMB4-4.5 billion (RM2.5-2.7 billion), with a key investor expected to contribute RMB3 billion (RM1.8 billion), but these funds have yet to materialize.Production at its <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/sales-slump-prompts-job-cuts-for-neta-auto-in-thailand" target="_blank">Zhejiang factory was halted</a> late last year. In Jan 2025, Neta’s sales dropped 98% year-on-year. Employee salaries were slashed, and debts to suppliers piled up.Despite the group constantly denying reports of financial distress, news of a THB10 billion (RM1.1 billion) credit line <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2025/03/neta-autos-survival-bid-rm11-billion-thai-lifeline" target="_blank">extended from Thailand</a> underscored its struggles, though it also offered a glimmer of hope. <img src="https://static-content-live.caricarz.com/media_library/post/16882/14981279/conversions/Screenshot-2025-04-07-153726-full.jpg" style="width: 100%;" data-media-id="14981279" alt="Screenshot-2025-04-07-153726.jpg"> Despite these challenges in its home market, Neta Auto founder Fang Yunzhou maintains that the strategy is to focus on overseas markets and higher-margin products. The goal is to achieve positive gross margins by 2025 and profitability by 2026.Neta is performing significantly better in Thailand, having shifted 7,969 vehicles. In Malaysia, however, it only registered 271 EVs in 2024 and just 16 in the first two months of 2025.Neta’s struggles reflect a broader pattern in China’s oversaturated EV market, where dozens of brands are competing for survival. Once positioned as an affordable EV option, Neta’s shift toward the premium segment proves to be an ambitious move that puts it head-to-head with giants like BYD. <img src="https://static-content-live.caricarz.com/media_library/post/16882/14981280/conversions/Neta-NegeriSembilan-Plant-GroundBreaking-(4)-full_normal.jpg" style="width: 100%;" data-media-id="14981280" alt="Neta-NegeriSembilan-Plant-GroundBreaking-(4).JPG"> While there has been no official confirmation from Neta or Evology regarding the closure, a quick Google search for “Neta Auto Singapore” indicates that its sole facility at One Commonwealth is "Permanently Closed," fueling strong speculation that Neta’s time in Singapore is already over.In light of this, the question now is how Malaysia’s expansion plans are progressing—especially in relation to the <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/04/neta-malaysia-set-to-debut-2-new-models-this-year-ckd-starts-in-q1-2025" target="_blank">overdue CKD plans</a>, which have yet to materialise.<div style="text-align: justify;"> </div><div style="text-align: justify;"> </div><div style="text-align: justify;"> </div>

Neta’s quick exit from Singapore casts doubt on its ability to thrive internationally as financial woes intensify.

Neta Exits Singapore - A Sign of Deeper Trouble Ahead?

<img src="https://static-content-live.caricarz.com/media_library/post/16757/14920421/conversions/web_MA_CariCarz_Neta-X-launch_TRX-KL_-full.jpg" style="width: 100%;" data-media-id="14920421" alt="web_MA_CariCarz_Neta-X-launch_TRX-KL_.jpg"> Despite Neta Auto repeatedly denying reports of financial distress, recent developments tell a different story as the company secures a THB10 billion (RM1.1 billion) credit line in Thailand. This move underscores its struggles despite offering a glimmer of hope.While Neta dismisses rumors of <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2025/03/neta-faces-financial-crisis-dismantles-rd-team-in-china" target="_blank">disbanding its R&amp;D team</a>, its Shanghai headquarters suggests otherwise. A recent report revealed near-empty offices, with employees idly on their phones or taking long breaks. "Many suppliers have been demanding overdue payments," an employee admitted. "Some have waited for months, even years, with no clear resolution."<a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/11/neta-auto-faces-challenging-2024-salary-cuts-sales-slump-production-delays" target="_blank">Salary cuts have hit workers hard</a>, with some receiving only Shanghai’s minimum wage. With <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/sales-slump-prompts-job-cuts-for-neta-auto-in-thailand" target="_blank">mass departures</a> and minimal internal activity, Neta’s domestic future looks bleak. Meanwhile, its estimated RMB10 billion (RM6.1 billion) in liabilities continues to weigh down operations.The Thai credit line also arrives as Neta struggles to secure funding. A planned Series E round aimed to raise RMB4-4.5 billion (RM2.5-2.7 billion), with a key investor expected to contribute RMB3 billion (RM1.8 billion), but these funds have yet to materialize. <img src="https://static-content-live.caricarz.com/media_library/post/16757/14920422/conversions/006rr4eOgy1hkd9gkarszj30tf5y1e82-transformed-full_normal.jpg" style="width: 100%;" data-media-id="14920422" alt="006rr4eOgy1hkd9gkarszj30tf5y1e82-transformed.jpeg"> "Everyone - suppliers, employees - is waiting for financing to revive the company," said an employee.As Neta turns to Thailand, its domestic <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/netas-troubles-can-the-automaker-bounce-back" target="_blank">operations are collapsing</a>. Three major factories have reportedly shut down, and social media posts show store closures in Nanjing, Shanghai, and Sichuan. The company’s Hong Kong Stock Exchange prospectus also revealed losses of RMB18.4 billion (RM11.3 billion) from 2021 to 2023.Even in 2022, when it led China’s EV startup sales with 152,000 deliveries, it still failed to turn a profit. Sales also worsened this year. Jan saw a 98% year-on-year decline, and in Feb, the company sold fewer than 400 cars.Key executives, including former CTO Dai Dali and autonomous driving head Wang Junping, have left for other firms, further weakening the company.Neta’s pivot to Thailand aligns with founder Fang Yunzhou’s strategy to focus on overseas markets and higher-margin products. The goal is to achieve positive gross margins by 2025 and profitability by 2026. Neta is doing significantly well in Thailand having shifted 7,969 vehicles. In <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/neta-v-gets-zero-star-score-for-asean-ncap-crash-test" target="_blank">Malaysia</a> however, it only managed to register 271 EV's in 2024 and 16 EVs in the first two months of 2025.&nbsp;However, with domestic operations crumbling and investor confidence shaken, it remains uncertain if this expansion can reverse its fortunes. While the Thailand credit line offers a financial boost, the question remains: is this the beginning of Neta’s revival or just a temporary lifeline?<div style="text-align: justify;"> </div><div style="text-align: justify;"> </div><div style="text-align: justify;">Source: <a rel="nofollow noopener noreferrer" href="https://carnewschina.com/2025/03/25/neta-auto-secured-credit-line-from-thailand-in-bid-to-survive/" target="_blank">CarNewsChina</a></div>

Despite denials, Neta Auto’s Thai credit line underscores its deep financial troubles and desperate bid for survival.

Neta Auto’s Survival Bid: RM1.1 Billion Thai Lifeline

<img src="https://static-content-live.caricarz.com/media_library/post/16621/14853001/conversions/web_MA_CariCarz_Neta-X-launch_TRX-KL_-10-full.jpg" style="width: 100%;" data-media-id="14853001" alt="web_MA_CariCarz_Neta-X-launch_TRX-KL_-10.jpg"> <h6 style="text-align: center; ">Neta is facing some financial difficulties in China, where it has reportedly dismantled its whole R&amp;D team amid supplier protests.</h6>It seems like Chinese automaker <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/sales-slump-prompts-job-cuts-for-neta-auto-in-thailand" target="_blank">Neta</a> is still in firefighting mode, with the <a rel="nofollow noopener noreferrer" href="https://www.carz.com.my/2024/12/netas-troubles-can-the-automaker-bounce-back" target="_blank">financial difficulties</a> it suffered since last year seeming to not have subsided. In the latest revelation from China, it was revealed that Neta is now dismantling its entire R&amp;D team due to these escalating financial troubles.According to reports from <a rel="nofollow noopener noreferrer" href="https://carnewschina.com/2025/03/19/neta-auto-faces-financial-crisis-dismantles-rd-amid-supplier-protests/" target="_blank">CarNewsChina</a> and <a rel="nofollow noopener noreferrer" href="https://mp.weixin.qq.com/s?__biz=MTM2ODM0ODYyMQ==&amp;mid=2651728860&amp;idx=2&amp;sn=118a63aed59bf90a91ae2af131c1eebe&amp;scene=21#wechat_redirect" target="_blank">Leiphone</a>, this move will involve Neta giving N+1 severance packages for employees who sign termination papers this week, where approximately 200 staff have already submitted their resignations. That is quite a huge chunk out of the total workforce of 1,700 personnel employed under Neta for its Chinese operations.Besides the R&amp;D team shutdown, Neta has also reportedly implemented several significant salary reductions, with remaining employees facing a 75% cut from their pre-October 2023 levels. <a rel="nofollow noopener noreferrer" href="https://carnewschina.com/2025/03/19/neta-auto-faces-financial-crisis-dismantles-rd-amid-supplier-protests/" target="_blank">CarNewsChina</a> also reported that some of the departing staff are only receiving Shanghai’s minimum wage, while the promised compensation for those who left the company in Nov 2023 has not been paid until today.<img src="https://static-content-live.caricarz.com/media_library/post/16621/14853002/conversions/Caricarz-MBA-Neta-X-Launch-MAS2024-5-full.jpg" data-media-id="14853002" alt="Caricarz-MBA-Neta-X-Launch-MAS2024-5.jpg" style="width: 50%;"><img src="https://static-content-live.caricarz.com/media_library/post/16621/14853004/conversions/Web_CariCarz_Neta-V-Launched-82-full.jpg" style="width: 50%;" data-media-id="14853004" alt="Web_CariCarz_Neta-V-Launched-82.jpg"> In terms of sales, Neta has been in trouble since last year, with its January sales figure this year decreasing by 98% year-on-year. To make things worse, the automaker managed to sell less than 400 cars in Feb this year in China. In our local market, sales are equally slow with on 16 vehicles registered in Jan and Feb 2025 - 11 Neta V, 4 Neta X and one Neta GT.To make things worse, Neta is also facing protests from its suppliers who demand overdue payments. Media reports indicate that suppliers have been gathering at Neta Auto’s Shanghai headquarters to demand payment, with some even sleeping on the floor of the building.<img src="https://static-content-live.caricarz.com/media_library/post/16621/14853013/conversions/Neta-Auto-China-(5)-full.jpg" style="width: 100%;" data-media-id="14853013" alt="Neta-Auto-China-(5).jpg"> <a rel="nofollow noopener noreferrer" href="https://carnewschina.com/2025/03/19/neta-auto-faces-financial-crisis-dismantles-rd-amid-supplier-protests/" target="_blank">CarNewsChina</a>’s report also mentioned that Neta insiders have attributed the crisis partly to the former CEO’s strategy, which heavily favoured B2B channels and neglected other areas. Brand founder Fang Yunzhou, who has now returned as CEO, has outlined reforms focusing on overseas markets and profitable products. However, sources suggest Neta’s debt could be as high as CNY 10 billion (RM6.123 billion), raising concerns about the company’s recovery despite ongoing financing talks with a foreign sovereign wealth fund.UPDATE: Neta however has denied these claims on its <a rel="nofollow noopener noreferrer" href="https://m.weibo.cn/u/5902209214?luicode=10000011&amp;lfid=100103type%3D1%26q%3Dneta" target="_blank">Weibo page</a> citing that the company is going through organizational and optimization process to cut cost and improve efficiency.&nbsp;Source: <a rel="nofollow noopener noreferrer" href="https://carnewschina.com/2025/03/19/neta-auto-faces-financial-crisis-dismantles-rd-amid-supplier-protests/" target="_blank">CarNewsChina</a>, <a rel="nofollow noopener noreferrer" href="https://mp.weixin.qq.com/s?__biz=MTM2ODM0ODYyMQ==&amp;mid=2651728860&amp;idx=2&amp;sn=118a63aed59bf90a91ae2af131c1eebe&amp;scene=21#wechat_redirect" target="_blank">Leiphone</a>

Neta is facing some financial difficulties in China, where it has reportedly dismantled its whole R&D team amid supplier protests.

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