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Chinese electric powered motor vehicle startup Nezha has been grabbing eyeballs just after declaring it produced 152,000 car or truck deliveries in 2022, surpassing 122,486 deliveries by Nio Inc (NYSE: NIO).
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Nezha, a manufacturer below startup Hozon Vehicle, asserted its motor vehicle deliveries more than doubled in 2022, CNBC described.
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The company’s finest-vendor, Nezha V, is priced at 83,900 yuan ($12,000). While Nio’s greater SUV’s commence from the value assortment of 400,000 yuan.
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As of July 2022, Nezha experienced raised virtually 10 billion yuan for its Collection D, or the fourth stage of fundraising soon after the first investment decision, the report added.
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Chinese battery and auto manufacturer BYD Corporation (OTC: BYDDY) sold the best amount of EVs in 2022, with 911,000 electrical vehicles.
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The other Chinese EV opponents, Li Car (NASDAQ: LI) and XPeng (NYSE: XPEV) observed their December deliveries rise 41.2% and 94% quarter-over-quarter, respectively.
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Also Read through: Tesla Q4 Deliveries Fall short To Obvious Decreased Bar: What EV Traders Need To Know
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