Huawei

GAC will create a new premium smart NEV brand in addition to Trumpchi, Aion and Hyptec.

Maextro has started pre-sales of the S800 to target the luxury sedan market. Huawei today also launched the updated Luxeed S7, and a new Stelato S9 variant.

The Maextro S800 is expected to target the luxury executive sedan market, with potential rivals set to include the Mercedes-Benz S-Class, BMW 7 Series, Audi A8, and Nio ET9.

Great Wall Motor will become the latest to adopt Huawei's smart driving system after BYD, and its first model to feature the system will be the Tank 700 Hi4-T off-road SUV, according to local media.

HIMA's available models will exceed 10 next year, and one of the key models will be the Aito M8, which will compete with Li Auto's Li L9.

The Luxeed R7 is the first coupe SUV under Huawei's HIMA business and the second model under the Luxeed brand. Deliveries of the model will begin next month.

Aito has launched a five-seat variant of its flagship SUV, the M9, at a starting price of RMB 469,800 ($66,000), following the success of the six-seat version in the luxury SUV market.

The first Fang Cheng Bao model to feature Huawei's Qiankun ADS 3.0 is the Bao 8 off-road SUV, which will go on sale after the third quarter.

Aito aims to deliver 3,000 units of the M7 Pro in the first week of launch and over 10,000 units in the first month.

The deal values Newcool at RMB 115 billion, the same as when Avatr bought a 10 percent stake earlier this month.