Chinese electric vehicle manufacturer NETA AUTO publicly denied rumors on Wednesday regarding the alleged dismissal of its research and development team.

The company emphasized that it remains committed to the Thai market, which is recognized as a significant area for growth and customer engagement.

In its statement, NETA AUTO highlighted an ongoing effort to enhance operational efficiency and reduce costs by optimizing organizational structures and internal procedures.

The automaker also indicated that it intends to take legal action against individuals or entities that disseminate false information that could harm its reputation.

NETA AUTO has identified Thailand as an important market, citing a large user base and considerable popularity among local consumers for electric vehicles.

The company reiterated its dedicated focus on promoting sustainable development initiatives in Thailand, aligning with the growing demand for eco-friendly transportation solutions in the region.

The commitment to providing advanced products and technology for Thai consumers remains a central focus for NETA AUTO, as the company seeks to strengthen its presence in the competitive electric vehicle sector.