Neta Auto secures fresh funding as it fights to stay in the EV race

What's the deal? Neta AutoDealroom has a profile for this one. Try Dealroom →, the Chinese electric-vehicle maker also known as Hozon Auto, has secured a new round of investment, the company confirmed in September 2026. Terms of the round, including the amount, backers, and valuation, were not disclosed.

What's the endgame? Neta positions itself as a technology company spanning hardware and software, from research and development to smart manufacturing and full-channel sales. It aims to build competitively priced smart electric vehicles built on electrification, intelligence, and connectivity.

The signal: New capital signals continued investor appetite in a crowded Chinese EV market, where scale and funding increasingly separate survivors from the rest.

Image credit: Generated with Gemini