Car and City: HOZON Auto tops other Chinese NEV startups by April 2022 registrations

Monika From Gasgoo

Shanghai (Gasgoo)- HOZON Auto, the Chinese startup owning the EV brand NETA, recorded a monthly registration volume of 9,120 units in April 2022, down 15% from the previous month, but still surged 212.4% from the previous year, according to the data compiled by Gasgoo Auto Research Institute (GARI).

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NETA V; photo credit: NETA

In terms of the April registrations of locally-produced new energy passenger vehicles (NEPVs), NETA ranked fifth among all auto brands in China, the highest one among Chinese NEV startups.

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Last month, the best-selling model of the brand was the NETA V, accounting for 57.4% of NETA's overall registrations. Compared to March, the NETA V logged a 22.7% decline in April registrations.

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In April, Foshan and Tianjin were the only two cities with over 200 NETA Vs registered. Jiaxing, where HOZON Auto's car manufacturing plant is located, was the second runner-up regarding April registrations of the model.

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The monthly registrations of the NETA U edged down 2.2% from a month earlier to 3,857 units in April, 70.7% of which were registered by private users.

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Foshan still outperformed other cities by April registrations of the NETA U. Shenzhen was the runner-up with 181 NETA Us registered. Both Beijing and Shanghai failed to enter the top 10 cities rankings.

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Last month, there were only 24 NETA N01s registered across China.

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Xuancheng topped other cities with only 7 NETA N01s registered in April.

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