Chinese EV maker Neta Auto faces a severe financial crisis, raising concerns in Thailand, where it operates a local subsidiary. Neta claims its overseas operations remain unaffected,...

Chinese electric vehicle (EV) startup Neta Auto has commenced the dissolution of its R&D staff at its Shanghai headquarters, according to industry rumors in China.

Carmakers have been pursuing more advanced production methods as automotive electrification continues. Chinese EV brand Neta announced that it will start developing a die-casting...