On November 12, 2024, NETA Auto signed an exclusive distributor agreement with Bolivia’s largest automotive sales group, Saavedra Group, marking a significant step in NETA Auto’s South American expansion. Present at the signing ceremony, Saavedra Group CEO and President of the Bolivian Automotive Association, Erick Saavedra, expressed commitment to building sales channels and expanding NETA Auto’s presence in Bolivia.

With government support and abundant resources, Bolivia’s electric vehicle market has been growing rapidly in recent years, attracting many international brands. NETA Auto is seizing this opportunity to partner with Saavedra Group, working together to expand its footprint in Bolivia and promote sustainable mobility solutions.

As Bolivia’s most influential automotive sales group, Saavedra Group brings extensive experience and a widespread network covering key cities and regions. The group sees NETA Auto’s entry as a timely move, aligning with the Bolivian government’s support for electric vehicles and the rising demand for greener transport. Together, the companies aim to introduce a new chapter of growth in Bolivia’s electric vehicle market.

NETA Auto plans to open its first showroom in Bolivia in the first quarter of 2025, launching two popular models, the AYA and X. By the end of 2025, NETA Auto expects to establish at least 10 sales outlets across the country, offering Bolivian consumers more green vehicle options. This move into Bolivia reinforces NETA Auto’s expansion in South America, following entries into Brazil, Ecuador, and Costa Rica, helping solidify its footprint in the region.

Already active in Southeast Asia, South America, Africa, and the Middle East, NETA Auto has gained the trust of over 460,000 users worldwide, solidifying its role as a key player in global sustainable transportation.