CG Motors Issues Joint Statement Addressing Hozon Neta V Pricing in Nepal

Hozon Neta V is finally available for the Nepali market.

CG Motors, the newly formed subsidiary of Chaudhary Group, is the new authorized distributor of Hozon Neta cars in Nepal.

Neta V is a brand new EV, boasting minimalistic styling combined with one of its kind features. It was officially launched at the Neta showroom at Bhatbhateni, Kathmandu.

Mr. Nirvana Chaudhary unveiled the highly-anticipated crossover EV with esteemed Mr. Kul Man Ghising in attendance.

As for the pricing, the Hozon Neta V price in Nepal is Rs. 37.99 Lakhs.

The pricing has drawn widespread disapproval. Especially since a China-made product now costs equivalent to a Tata Nexon EV.

The price of the Neta V has been largely criticized on social media. This has forced CG Motors to issue a joint statement.

With that said, let’s take a quick look at the new Hozon Neta V in Nepal along with its key specifications.

Hozon Neta V Overview

Design

Neta V sports a modern trending look.

Inspired by Dolphin Streamline, the front section gets minimalistic styling while helping it with low-wind resistance.

It gets a Hawk-eye Laser Headlight with unique LED DRLs. Moreover, the side indicator is integrated within the front wheel arches.

The side profile also gets a minimalistic treatment.

There are subtle crease lines on its side body. Furthermore, the eyes easily fall on the stylish alloy wheels.

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Moving to the rear profile, Neta V comes with a sloped profile. It gets a large LED tail lamp with chromed garnishes.

Similarly, the interior gets the same Intelligent Technology Cockpit. Adding to that, the interior also sports Hi-Tech, INS Diaphragm Handcraft, and Ergonomic Zero Gravity Seat.

Additionally, Hozon Neta V is available in five different colors: Gray, Blue, White, Pink, and Cyan.

Performance

Hozon Neta V is powered by a 70kW Permanent Magnet Synchronous Motor. It can generate a max power of 95PS and a max torque of 160 Nm. 

Furthermore, it gets a 38.54kWh Lithium-Ion Battery with a claimed 380Km range. The battery can be fully charged in 6-8 hours.

These are the official specs. It seems like there CG Motors has opted for a different Electric Motor than that is available in the Chinese market.

Moreover, CG Nepal will provide a 6.6kW Homebased Charger and 1-Year Comprehensive Insurance for FREE!

Additional Details

Hozon Neta V sports a McPherson at the front and Trailing Arm Semi-Independent at the rear.

The dimensions are 4070mm in length, 1690mm in width, and 1540mm in height. Moreover, the wheelbase sits at 2420mm.

Neta V comes with a 160mm ground clearance. And, the kerb weight is 1151kg.

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Features

Here is a quick list of features in the all-new Neta V.

Hozon Neta V Features Highlight

• 70kW Permanent Magnet Synchronous Motor
• 38.54kWh Li-Ion Battery
• 380-401km Range
• 6-8 Hours Charge Time
• HEPT 3.0 Battery Management System
• Tesla Model 3 Inspired Dolphin Streamlined Styling
• Automatic Hawk-Eye Laser Headlights
• Intelligent Technology Cockpit
• Zero Button Dashboard
• 14.6-inch Central Touchscreen Information Display
• Zero Gravity Seats
• Full-Scene Remote Control
• Vehicle-to-Load (V2L) Function
• Exterior Shell Caged with High-Performance Steel
• EPB + Auto Hold Automatic
• N95 Filter
• High-Strength Steel Caged Body
• 6.6kW Homebased Charger for FREE

Hozon Neta V Price in Nepal and Availability

As for the pricing, the Hozon Neta V price in Nepal is Rs. 37.99 Lakhs. Moreover, it will be available in a single variant.

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Interested individuals can visit the official Neta Showroom at Bishalnagar, Bhatbhateni.

Additionally, Hozon Neta V comes with an 8-Year or 150000 km Warranty on Battery and Motor. Furthermore, it also includes a 10-Year or 200000 km Warranty on Non-Moving Parts.

Hozon Neta V will compete against Tata Nexon EV.

Tata Nexon EV is one of the best EVs in the Nepali market right now. It comes from a mainstream brand, offering better hardware, performance, and a reliable service network.

Ironically enough, the powertrain figures in Nexon EV are much better than the Neta V.

Nevertheless, Hozon Neta V does claim a higher range, which ultimately helps with the range anxiety.

CG Motors Addresses Neta V Pricing

CG Motors has issued a statement regarding the infamous Neta V pricing.

According to CG Motors, the government has kept friendly import rates for EVs under 100kW capacity. Moreover, 50% income tax for EVs produced or assembled in Nepal.

However, these incentives are only applicable to Nepal. If a Nepali company were to export those products, those incentives would no longer apply.

The case is similar to the China-made Neta V.

The price of Neta V in China is low due to different incentives provided by the Chinese government. However, those incentives are not applicable when exporting the same product to Nepal.

Furthermore, the automobiles follow a Left-Hand Drive in China, in comparison to Right-Hand Drive in Nepal. So, additional product research and development are required to produce EVs for the Nepali market.

These factors drive up the cost, which simply cannot be compared to prices found online.

Interestingly enough, the import papers for Neta V have been leaked online. You can view it here.

Frequently Asked Questions

Who is the authorized distributor of Hozon Neta V in Nepal?
CG Motors is the authorized distributor of Hozon Neta V in Nepal.

What is the price of Hozon Neta V in Nepal?
The price of Hozon Neta V in Nepal is Rs. 37.99 Lakhs.

What is the ground clearance of Hozon Neta V in Nepal?
The ground clearance of Hozon Neta V is 160mm.

Where is the Neta V showroom located?
The Neta V showroom is located at Bishalnagar, Bhatbhateni, Kathmandu.

What is the yearly road tax for the Hozon Neta V?
The yearly road tax for the Hozon Neta V is Rs. 15,000.

Why is Neta V so expensive?
According to CG Motors, there are two factors that have factored into its pricing. Firstly, the low cost of EVs is only applicable in the Chinese market. There is no tax exemption from the Chinese Government on EVs exported to Nepal. Secondly, China uses Left-Hand-Drive which requires additional R&D to convert, manufacture, and export products to the Righ-Hand-Drive market like Nepal.

Also, don’t forget to watch our Hyundai Ioniq 5 Impressions!