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Xia Yan: Whom Did Nezha Motors, Which Was Named by Cctv, Drag Down? | Electric Vehicles | Project in Yichun, Jiangxi
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Neta Auto, which has already entered bankruptcy reorganization proceedings, has once again been thrust into the spotlight due to a special report by CCTV. On the evening of April 21, CCTV exposed that Neta Auto had lost 18.3 billion yuan over three years, causing state-owned capital investments in many places to go down the drain. Among them, the total investment in the Yichun project in Jiangxi alone reached 5 billion yuan.
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