Shanghai (Gasgoo)- On October 25, in Kuala Lumpur, Malaysia—next to the iconic Petronas Towers—Chinese new energy vehicle (NEV) maker NETA Auto opened its first flagship store in the country and delivered the first 50 vehicles to local owners.
With increasing government support, infrastructure development, and growing market demand, Malaysia's electric vehicle (EV) industry is experiencing robust growth, positioning itself as a key player in the Southeast Asian EV market. NETA Auto is rapidly entering this promising market, now boasting 12 dealerships. Through professional services and an immersive showroom design, the NEV maker aims to provide consumers with an enhanced car-buying experience.
The company has expressed a strong commitment to the Malaysian market, planning to expand its dealership network to 20 locations by the end of 2024. Key areas for growth include Kuala Lumpur, Selangor, Johor, Penang, and East Malaysia.
Currently, NETA Auto has established three overseas factories in Thailand, Indonesia, and Malaysia. The company plans to leverage its presence in Malaysia to promote smart electric vehicle technology, accelerate local production, and develop an industry ecosystem that contributes to the country's economic transformation and sustainable development, clarifying its economic roadmap.
In 2024, NETA Auto's global expansion is moving at an impressive pace. As of October, the company has formed partnerships across 42 countries and regions, including Southeast Asia, Latin America, and Africa.
