Reuters: Neta and Zeekr Accused of Inflating Sales to Meet Targets
5 day ago / Read about 0 minute
Author:小编   

Chinese electric vehicle manufacturers Neta and Zeekr have come under scrutiny for allegedly inflating sales figures by pre-registering vehicle sales. According to dealers and customers, these companies arrange insurance for vehicles prior to actual sales, employing an industry practice known as "pre-booking" to meet sales targets. As a result, these vehicles are commonly referred to as "zero-mileage used cars." This practice is attributed to the intense competition within the electric vehicle market and the price war ignited by overcapacity. State media has condemned this behavior, prompting relevant authorities to vow to regulate irrational competition and consider banning the resale of vehicles within six months of their initial registration for sale.

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