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Nezha Auto recently convened a dealer conference in Thailand, where it inked several agreements. Notably, its partnership with NLTH (Thailand) Finance secured a credit line of 10 billion Thai baht (roughly equivalent to RMB 2.15 billion). This strategic move underscores Nezha Auto's urgent need to navigate out of its persistent loss predicament. Concurrently, the new energy vehicle industry is witnessing an intensifying competition, with numerous emerging automakers grappling with significant challenges. Industry experts emphasize that to survive, automakers must exhibit profound AI technology integration and robust sales capabilities. Echoing this sentiment, Gui Shengyue, CEO of Geely Holding, warned that automakers failing to turn a profit within the next two to three years risk being eliminated from the market.
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