Huawei

Since its launch in September 2023, the new M7 has now accumulated more than 140,000 firm orders, Aito said.

The first model to be built by Huawei and JAC will be a sedan priced at the RMB 1 million level, not an MPV as previously rumored, according to local media.

The computing unit, called the MDC 810, powers advanced driver assistance systems, according to Reuters.

Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions.

The new M7 was launched on September 12 and contributed 84 percent of Aito's 24,468 deliveries in December.

Voyah said it and Huawei will accelerate the large-scale commercial application of intelligent technologies through the exploration of collaborative vehicle models.

Under the agreement between the two, Huawei has committed not to engage in the automobile manufacturing business and not to engage in the same business as the new company, Changan chairman said.

Aito launched the new M7 on September 12. It previously said it had more than 120,000 firm orders for the M7 by the end of December.

Aito said it is ramping up delivery capacity, which is expected to top 30,000 vehicles in a single month beginning in 2024, as it secures more than 120,000 firm orders for the new M7.

Aito plans to launch a new model, the M8, in 2024, when it will have at least four models on sale, according to local media.