Chongqing Sokon, Huawei's key partner in the automotive sector, saw its NEV sales drop 42.8 percent in January compared to 6,150 units in December.
Chongqing Sokon, Chinese tech giant Huawei's important partner in the automotive sector, sold 3,520 new energy vehicles (NEVs) in January, figures it released today show.
That's up 176 percent from 1,275 units a year ago, but down 42.8 percent from 6,150 units in December.
Sokon sold 20,762 vehicles in January, up 2.4 percent from a year earlier.
The company produced 19,440 vehicles in January, including 5,499 NEVs.
Sokon is an integrated automotive manufacturing company that develops, manufactures, sells and services passenger cars, commercial vehicles, powertrain and other automotive components.
Sokon's existing vehicle brands include Seres, Dongfeng Fengguang, and DFSK, and its main products include SUVs, MPVs and minivans.
The company came into the spotlight when Huawei announced on April 20, 2021 that it would officially start selling cars, with the Seres SF5 from Sokon's brand Seres being the first model to enter its channel.
Seres announced the launch of its premium smart car brand called AITO, which means "Adding Intelligence to Auto," on December 2 last year.
On December 23, Huawei announced the first model of the AITO brand, the Wenjie M5, which will be the first production SUV to feature Huawei's latest HarmonyOS intelligent cockpit and Huawei's smart car solutions.
The Wenjie M5 is an SUV with extended-range technology, similar to Li Auto's Li ONE, with a pre-sale price starting at RMB 250,000 ($39,000) after subsidies.
Sokon, Huawei's auto partner, shelves plans to list in Hong Kong, citing changes in market conditions