Seres, Sokon's brand that partners with Huawei, sold 3,160 units in March, up 1,310.71 percent year-on-year.
Chongqing Sokon (SHA: 601127), Chinese tech giant Huawei's most important partner in the automotive sector, sold 7,451 new energy vehicles (NEVs) in March, figures it released today show.
That's up 165 percent from 2,815 units in the same month last year and up 131 percent from 3,229 units in February.
The company's NEV brand, Seres, sold 3,160 units in March, up 1,310.71 percent from a year earlier.
Sokon sold 24,014 units of all vehicles in March, down 16 percent from a year earlier.
It produced 24,253 vehicles in March, of which 6,480 were NEVs and 3,465 were under the Seres brand.
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 is in the spotlight because 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 on December 2 last year that it was launching a premium smart car brand with Huawei called AITO, which stands for "Adding Intelligence to Auto.
On December 23 last year, Richard Yu, CEO of Huawei's intelligent vehicle solutions business unit, unveiled the first model of the AITO brand, the Wenjie M5, an SUV with extended-range technology.
The M5 is available in three models with a starting price of RMB 249,800 ($39,560). Delivery of the model began on March 5 of this year.