Avatr said it has received more than 5,000 firm orders for the Avatr 11 since it began allowing consumers to lock in configurations at 16:00 on October 22.
Avatr's first model, the Avatr 11, has received more than 5,000 firm orders since October 22 at 16:00 when consumers were allowed to lock in configurations, the electric vehicle brand backed by Changan Automobile, Huawei and CATL announced today.
The Avatr11 officially launched in China on August 8, offering three regular versions, all with dual motors, priced at RMB 349,900 ($48,110), RMB 369,900, and RMB 409,900, respectively.
Deliveries of the two lower-priced versions are expected to begin in December, and deliveries of the most expensive version are expected to begin in the first quarter of next year.
In addition to these three regular versions, Avatr is also offering a limited edition called Avatr 011, priced at RMB 600,000.
On October 22, Avatr began allowing consumers who have paid a deposit to lock in their vehicle configuration so that production can begin to be scheduled.
In addition to announcing the number of consumers who have locked in their orders, Avatr said today that its model will enter Huawei's flagship stores in Beijing and Shenzhen, without providing further details.
On October 28, local media Cailian cited sources familiar with the matter as saying that Avatr has agreed with Huawei that the Avatr11 will officially enter Huawei's flagship stores in Beijing and Shenzhen within this year.
To date, Avatr has more than 60 directly operated stores, 70 distributors and more than 150 partner stores in China, according to the report.
Avatr's vehicles will officially enter Huawei's two flagship stores in Beijing and Shenzhen in about December, the China Securities Journal later quoted Avatr sources as saying, adding that the report is true.
Avatr was formerly known as Changan Nio, which was founded by Changan and Nio on July 10, 2018, when each side held a 50 percent stake.
However, its product launches have not progressed over the past few years, and with the introduction of new financing, Nio's stake was diluted to less than 1 percent.
Avatr counts Huawei and CATL as its top backers outside Changan, and the three companies jointly announced the updated Avatr brand at the end of August last year.
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