Ne Zha Auto is a brand under the umbrella of Nezha New Energy Vehicle Co., Ltd. whose parent company, Nezha New Energy, was founded in 2014.

Ningde Times will participate in Nezha Auto's D2 round of financing, make a strategic investment in Nezha Auto, and open strategic cooperation in the areas of technology research and development as well as supply chain protection.

On November 10, 2021, Nezha Auto signed a strategic cooperation framework agreement with PTTPublicCompanyLimited, formally establishing a long-term ***WIN***BUILDING partnership.