- Shangjie H5 will be officially launched in September, and is expected to be the lowest-priced model under Huawei's HIMA business.
- The model will offer BEV and EREV variants, with a starting price expected to be below $25,000.
Shangjie, the new automotive brand jointly developed by Huawei and SAIC Motor (SHA: 600104), will begin pre-sales of its first model, the Shangjie H5, in five days, which is expected to become the most affordable model under Huawei's HIMA (Harmony Intelligent Mobility Alliance) business.
Shangjie announced today on Weibo that it will begin pre-sales of the H5 on August 25 and released two interior images of the model.
Last month, the H5 was listed in a regulatory filing catalog by China's Ministry of Industry and Information Technology, with Shangjie stating at the time that the model would officially launch in September.
The Shangjie H5 measures 4,780 mm in length, 1,910 mm in width, and 1,664 mm in height, with a wheelbase of 2,840 mm. It will be available in battery electric vehicle (BEV) and extended-range electric vehicle (EREV) versions, according to its regulatory filing.
The Shangjie H5 BEV has a CLTC range of up to 655 kilometers, while the EREV version has a combined range of over 1,300 kilometers, the brand said last month on Weibo.
The model will be equipped with Huawei's ADS 4 assisted driving system when it goes on sale. The smart driving system was released in April this year and has four levels depending on its capability.
Earlier this month, images circulating on Chinese social media showed that the Shangjie H5 could be priced between RMB 180,000 ($25,060) and RMB 230,000. Some automotive bloggers claim that the actual price of the model will be lower.
This would make the Shangjie H5 the cheapest model under the HIMA umbrella. Currently, the cheapest models under this business are the Aito M5 and Luxeed S7, both starting at RMB 229,800.
Both SAIC and Huawei have high hopes for the Shangjie H5. Huawei's executive director and chairman of the consumer business group, Richard Yu, and SAIC president Jia Jianxu were seen test-driving the model together last week.
Shangjie's initial investment is RMB 6 billion ($837 million), which will utilize SAIC's most mature production lines. A dedicated factory is planned for the future, according to Jia in April.
Shangjie is the fifth automotive brand under the HIMA umbrella, with the other four being Aito from Seres Group, Luxeed from Chery, Stelato from BAIC Group, and Maextro from Anhui Jianghuai Automobile Group (JAC).
The business currently has eight models on sale: Aito M5, Aito M7, Aito M8, Aito M9, Luxeed S7, Luxeed R7, Stelato S9, and Maextro S800.
($1 = RMB 7.1824)
