Huawei

The M5 is available in three versions with a starting price of RMB 249,800 ($39,560).

Volkswagen is in discussions with Huawei about acquiring the latter's self-driving team and plans to announce further information by the end of March, local media said.

Volkswagen is in talks with Huawei with plans to buy the latter's self-driving unit for billions of euros, German media reported.

Seres' factory kept production going during the Chinese New Year holiday, and more than 1,000 vehicles for test drives and demonstrations have already arrived in stores, according to local media.

Huawei said Su has indeed left its automotive division and thanked him for his contributions to the team, according to local media.

Su Jing, who has held the position of head of Huawei's smart driving product division, will leave the company before the Chinese New Year, local media said.

From March, Huawei will sell large battery systems for renewable energy storage in Japan, sourcing from battery makers including CATL, earlier reports said.

Seres has denied recent rumors that production of the SF5 has been halted, saying it has only suspended taking orders and plans to restart bookings around Chinese New Year.

Sokon sold 41,440 NEVs for the full year 2021, up 104.4 percent year-on-year.

Seres is a longtime partner of Huawei and not an OEM, local media quoted a source at Sokon, which owns the brand, as saying.