The Iran Project
: The Luxeed S7 electric sedan, developed by Chinese tech giant Huawei and Chery Auto, has started mass delivery after a shortage of semiconductors and production issues delayed production and delivery, a Huawei executive said on Saturday.
Sunday 7 April 2024 - 23:17
Story Code : 419107
Source : Gulf News
Huawei says Chery's Luxeed S7 premium EV starts mass delivery
The first model for Chery's Luxeed EV brand had orders of about 20,000 as of Nov. 28
Huawei had said problems delivering the premium brand electric vehicle (EV) should be resolved from April, local media reported this month.
Chery had lodged complaints with Huawei over how production issues with a computing unit made by the tech company had caused delays to deliveries of the vehicles, Reuters reported in January.
The S7 sedan - the first model for Chery's Luxeed EV brand - had orders of about 20,000 as of Nov. 28. It is priced from 249,800 yuan ($34,600).
Huawei's revenues grew the fastest in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from U.S. sanctions.
Last year Huawei announced it would spin off the smart car unit into a new company. Yu said this month the unit would likely turn a profit from April after losing billions of yuan in the past year, local media reported.
Reporter : Editorial of The Iran Project
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