PT Neta Auto Indonesia, Hozon New Energy Automobile’s official distributor in the Archipelago, has announced that it will start locally assembling (CKD) the brand’s Neta electric vehicles (EVs) starting May this year. Hozon’s CKD operations will be done in collaboration with PT Handal Indonesia Motor, at the Ungu Bekasi Factory in West Java, and is targetting an annual production capacity of up to 27,000 units.
The company will start its CKD operation with the assembly of the Neta V for its initial phase. PT Neta Auto Indonesia also mentioned that it will be introducing and building other Neta models as well in Q2 this year.
Aside from Indonesia, Hozon will also be commencing its CKD operations of Neta EVs in Malaysia starting in 2025, once the construction of the plant in Chembong Industrial Area, Rembau is completed. The plant will have a production capacity of 30,000 vehicles per year.
The EV manufacturer has also begun operations of its CKD plant in Thailand with the brand’s Neta V-II being the first model to roll off the plant’s production line.
RELATED: Rembau CKD plant for Neta EVs to begin construction this year – Malaysia’s 1st NEV plant
The Neta V is currently the sole model offered by Hozon New Energy Automobile in Malaysia. Priced at RM100,000 (OTR, without insurance), the Neta V competes against the likes of the BYD Dolphin and the soon-to-be-launched MG MG4 EV.
RELATED: 2023 Neta V officially launched in Malaysia, RM100k – 380km range, optional body kit, V2L
