Huawei-JAC

140K USD sedan from Huawei & JAC aims to sell 35,000 units yearly

Huawei and JAC aim to sell 35,000 units of their jointly developed Maextro sedan with a price tag of around 1 million yuan (140K USD).

JAC Group sold over 200,000 vehicles in the first half of 2024 

JAC Group achieved a net profit of 300.83 million yuan (40 million USD) from its subsidiaries and sold over 200,000 vehicles.

Maextro is a new vehicle brand backed by Huawei and JAC

Maextro is positioned as a ultra-high-end vehicle brand, priced at the million-yuan level (~140,000 USD).

Huawei, JAC to build RMB 1M MPV, sales target 50,000 units, TF analyst claims 

Huawei, JAC to build RMB 1M Aito MPV, mass production in Q2 2024, says TF Securities analyst.

Nio betrayed? JAC and Huawei develop electric MPV

Huawei-JAC baked MPV will hit the production line in China in Q3 2024. The next step in car industry for Huawei.