Last month the new NETA (Nezha) V jumped to the top 10 of best-selling electric cars in China. This isn't exactly a surprise, since this electric car offers great value for money as we'll see ahead.
Longyuan Product Page
The NETA V is just a bit smaller than the popular Renault ZOE we all know in Europe, but its price is truly remarkable. As for the design, it reminds me a bit the facelifted Hyundai Kona Electric.
This electric car is available in many trim levels, some with 4 seats, others with 5 seats, some with 301 km of NEDC range and a 40 kW motor, others with a NEDC range of 401 km and a 55 kW motor.
I think that the versions with 5 seats, a NEDC range of 401 km and a 55 kW motor offer the best value for money, so let's focus on those.
Long range entertainment version (best value for money version)
This extremely efficient electric car is eligible for a government subsidy of 10.000 yuan (1.289 euros). Therefore, even buyers that choose the top-spec version full with modern safety features only pay 76.900 yuan (9.910 euros) after subsidies applied.
At least on paper, this Chinese electric car seems to offer the best value for money right now. On the official website, the carmaker brags about how efficient it is and I can understand why.
It's a proper efficient electric hatchback that looks nice and has decent range. Nonetheless, a global version to sell worldwide, would benefit from a more powerful motor and more range. Even if it arrived in Europe for 18.000 euros it would still make the Dacia Spring - also made in China - look extremely overpriced…
Anyway, I think that the NETA V has the potential required to reach the top 5 of best-selling electric in China very soon.
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What do you think? How does it compare to the Dacia Spring?
More info:
https://www.hozonauto.com/v.html
https://www.hozonauto.com/en/en-v.html
Kenya's automotive industry is experiencing a surge of electric potential with the much-anticipated entry of NETA, a prominent Chinese manufacturer of electric vehicles (EVs). This move signifies a significant development for Kenya's burgeoning EV market, offering consumers a compelling new option in the eco-conscious transportation landscape.
NETA's debut disrupts the market with its entry model, the Neta V, a stylish and practical 5-seater compact vehicle. This marks a significant development for the East African nation, accelerating its journey towards a more sustainable transportation future.
The Neta V is meticulously crafted to cater to the burgeoning demand for eco-friendly transportation solutions in Kenya. Boasting a 38 kWh lithium-ion battery, it offers a compelling driving range of 380 kilometers on a single charge, making it ideal for navigating city commutes and weekend getaways. While the top speed of 110 kph prioritizes safety and efficiency within urban and suburban environments, aligning with Kenyan traffic regulations, the true intrigue lies in the price tag. Retailing at Ksh 4.8 million, the Neta V positions itself as a surprisingly competitive option within the nascent Kenyan EV market.
This strategic pricing strategy is bound to send shockwaves through the industry. Existing competitors, both established brands and newer entrants, will be forced to re-evaluate their offerings to remain relevant. The Neta V's combination of affordability, practicality, and decent range creates a compelling value proposition for Kenyan consumers. This could potentially lead to a price war within the EV market, ultimately benefiting consumers through a wider range of choices and potentially lower prices. However, NETA's entry is not solely about price; it's about establishing a foothold in a promising market with vast potential.
Kenya, along with neighboring Rwanda, is at the forefront of EV policy development in Africa. The Kenyan government's focus on promoting clean energy and reducing carbon emissions creates a fertile ground for EV adoption. NETA's presence strengthens Kenya's position as a regional leader in sustainable transportation and could potentially attract further investment in charging infrastructure, a crucial factor for wider EV adoption. This investment would not only benefit NETA but also create a more robust ecosystem that would entice other EV manufacturers to enter the Kenyan market, fostering healthy competition and innovation.
While The long-term impact of NETA's entry into the Kenyan EV industry remains to be seen, one certain thing is that; it has injected a dose of excitement and innovation. Consumers will benefit from a wider range of choices at potentially more competitive prices. This, coupled with Kenya's focus on clean energy, paves the way for a more sustainable future for Kenyan transportation. As established competitors adapt their strategies and new entrants emerge, the Kenyan EV market is poised for exciting growth, with NETA serving as a catalyst for this transformation. This increased competition will not only benefit consumers but also push the boundaries of technology and efficiency, ultimately leading to a wider variety of EVs that cater to the diverse needs of the Kenyan market. The future of Kenyan transportation is undoubtedly electric, and NETA's arrival has ignited the engine of this exciting transformation.