SAIC

Anji Soundness began its maiden voyage today and will sail to Europe after loading vehicles at Chinese ports.

Shangjie has an initial investment of RMB 6 billion ($820 million) and a dedicated team of more than 5,000 people.

Huawei and SAIC's first joint model could be unveiled officially as soon as mid-year and hit the market within this year, according to local media.

Huawei and SAIC's joint brand Shangjie will be officially launched on April 10, when more information about the brand and its products is expected to be released, according to local media.

The LS6 has been rebranded as the IM6 in Thailand with a starting price of 1,399,900 baht ($41,600).

The LS6, rebranded as the IM6 in Thailand, will go on sale on March 24 at the Thailand auto show.

SAIC and Huawei have signed an agreement to collaborate in areas including product definition, manufacturing, supply chain management, and sales and services.

All models of the new brand built by Huawei and SAIC will be sold in HIMA's channels, according to local media.

The new brand will target a younger demographic and the vehicles could start at around RMB 170,000 to RMB 250,000, according to local media.

SAIC will develop and sell battery swap-enabled models, while CATL will lead the development and iteration of battery blocks.