HOZON Auto says Nov. deliveries hit record high

Beijing (Gasgoo)- China’s EV startup, HOZON Auto’s NETA Auto brand, said it had hit its record high in monthly deliveries in November, surpassing 10,000 vehicles for the first time since delivery started. 

NETA U Pro; photo credit: NETA Auto

According to the startup, it has delivered 10,013 vehicles in November, soaring 372% from a year ago. Personal users accounted for 91% of the total vehicles sold this month.

Compared to October’s 8,107 vehicles, NETA Auto managed a 23.51% month-on-month increase in November. The brand’s monthly sales have been gradually climbing up each month this year. 

During the first eleven months this year, the company has delivered 59,547 vehicles, almost five folds of the same period from last year, up 393%. 

The company reported an accumulated delivery volume of 85,850 vehicles by the end of November.

Notably, HOZON Auto has recently become a hot item to several established companies. China’s network security company, 360 Security, has invested heavily in the startup, with RMB2 billion ($312.832 million).

China’s major battery supplier, CATL, also expressed interest in the startup and said it will participate in the latter’s D2 round of financing.

Earlier in November, HOZON Auto has inked a long-term strategic partnership with Thailand’s energy titan PTT to explore the Thai EV market together.