tldrdaily.news logo

Zeekr and Neta Accused of Inflating EV Sales Through Insurance Schemes

1 min read
Source: Reuters
Zeekr and Neta Accused of Inflating EV Sales Through Insurance Schemes
Photo: Reuters
TL;DR Summary

Chinese EV brands Neta and Zeekr inflated sales figures by booking early sales through insurance schemes, raising concerns about industry practices and potential regulatory crackdowns amid government scrutiny of 'zero-mileage' car reselling practices.

Topics:business#auto-industry-crackdown#business#china-ev-sales-inflation#insurance-scheme#neta#zeekr
Share this article
  1. Exclusive: China EV brands Zeekr, Neta inflated car sales using insurance scheme  Reuters
  2. Zeekr denies ‘zero-kilometre used car’ allegations, says vehicles were unregistered showroom models  CarNewsChina.com
  3. Zeekr used insurance scheme to inflate car sales, Reuters reports  TipRanks
  4. China’s Zeekr says it did not sell or register zero-mileage used cars  The Mighty 790 KFGO
  5. China’s Neta and Zeekr inflated EV sales using pre-sale insurance tactics: here’s what we know  MSN

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

7 min

vs 7 min read

Condensed

98%

1,365 → 33 words

Want the full story? Read the original article

Read on Reuters