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<ul><li>A new electric car powered by Huawei’s autonomous driving technology has hit the market with a bang, attracting tens of thousands of orders in less than a month and giving the telecom-equipment giant a confidence boost as it pushes further into China’s highly competitive auto market.</li><li>As of Friday, more than 50,000 orders have been placed for the upgraded version of the Aito M7 SUV since it was <a href="https://www.caixinglobal.com/2023-09-12/huawei-tech-powered-ev-brand-rolls-out-upgraded-luxury-suv-102103057.html" target="_blank" rel="noopener">launched on Sept. 12</a>, said Richard Yu, chairman of Huawei’s smart car unit, in a social media post Saturday.</li><li>For each order, customers paid a non-refundable deposit of 5,000 yuan ($695), according to information provided by Aito — a premium electric-vehicle (EV) brand co-developed by Huawei Technologies Co. Ltd. and automaker Seres Group Co. Ltd.</li></ul>

A new electric car powered by Huawei’s autonomous driving technology has hit the market with a bang, attracting tens of thousands of orders in less than a month and giving the telecom-equipment giant a confidence boost as it pushes further into China’s highly competitive auto market.As of Friday, more than 50,000 orders have been placed for the upgraded version of the Aito M7 SUV since it was launched on Sept. 12, said Richard Yu, chairman of Huawei’s smart car unit, in a social media post Saturday.For each order, customers paid a non-refundable deposit of 5,000 yuan ($695), according to information provided by Aito — a premium electric-vehicle (EV) brand co-developed by Huawei Technologies Co. Ltd. and automaker Seres Group Co. Ltd.

Chongqing Changan Automobile C (000625 CH)

New Huawei Tech-Powered Electric Car Launches With a Bang

Huawei Technology

New Huawei Tech-Powered Electric Car Launches With a Bang