NETA Auto Forms Strategic Partnerships in Mexico with BBVA, EMA, and Local Dealers
Beijing (Gasgoo)- Chinese new energy vehicle brand NETA Auto has taken a significant step towards expanding its presence in Mexico by signing strategic partnership agreements with BBVA Mexico, the Electro Mobility Association (EMA) of Mexico, and several local dealerships. This announcement was made by the company on September 10.
Signing ceremony with BBVA; photo credit: NETA Auto
BBVA, a prominent Spanish bank and the second-largest investment financial group in Latin America, plays a crucial role in Mexico’s automotive financing sector. Through the partnership with NETA Auto, BBVA will provide flexible and competitive financing options for customers in Mexico.
Zhou Jiang, Vice President of NETA Auto and President of Overseas Business, expressed his enthusiasm for the collaboration, stating, “Mexico is a key market in our growth strategy, and we look forward to driving the electrification of the automotive industry in this region.”
NETA Auto’s expansion into the Mexican market aligns with its plans to introduce flagship vehicle models in Mexico in the fourth quarter of 2024. The company is also focused on expanding its presence in Central and South America, with existing operations in Brazil, Ecuador, and Costa Rica. Globally, NETA Auto has garnered recognition from over 450,000 users.
