With Neta now selling very few vehicles in Thailand I expect they are close to the end....they been threading water for around a year now. Ministry of Finance has started legal action to sue Neta to recover 2 billion baht in govt subsidies. See weblink below for full story....some partial quotes below....as of mid Jan 2026. https://carwikihub.com/blogs/thai-finance-ministry-sues-neta-ev-subsidies/ The Thai Ministry of Finance announced plans to file a civil lawsuit against Neta Auto Thailand, the local subsidiary of Chinese electric‑vehicle (EV) brand Neta, in order to reclaim more than 2 billion baht (approximately US$63.7 million) in government subsidies paid since 2022. Legal Action and Potential ConsequencesThe Ministry intends to pursue the case through civil litigation, seeking not only repayment of the subsidies but also the possible freezing of Neta Auto Thailand’s assets and bank accounts. If the court rules in favour of the government, authorities will gain the legal basis to seize the company’s assets within Thailand to recover the funds.
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