Al Dubai luxury
  • Please enable News ticker from the theme option Panel to display Post


Huawei had said problems delivering the premium brand electric vehicle (EV) should be resolved from April, local media reported this month.

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. “A large number of Luxeed S7 vehicles have already rolled off the production line and are now being transported for delivery to customers,” Richard Yu, managing director and chairman of Huawei’s smart car solutions, posted on the Weibo social media platform.

Huawei had said problems delivering the premium brand electric vehicle (EV) should be resolved from April, local media reported this month.

continued below

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.

  • Published On Mar 30, 2024 at 04:37 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETAuto App

  • Get Realtime updates
  • Save your favourite articles



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


100% secure your website.