Huawei, SERES-backed AITO rolls off 400,000th vehicle

Published: Jul 29, 2024 18:17
Source: gasgoo
On July 29, AITO, the premium new energy vehicle brand jointly developed by Huawei and SERES, celebrated the production of its 400,000th new vehicle and the delivery of its 70,000th M9 vehicle.

Beijing (Gasgoo)- On July 29, AITO, the premium new energy vehicle brand jointly developed by Huawei and SERES, celebrated the production of its 400,000th new vehicle and the delivery of its 70,000th M9 vehicle.

Since the start of large-scale deliveries, over 70,000 units of the AITO M9 have been produced and delivered. AITO achieved the production milestone of 400,000 new vehicles in just 28 months.

The three-year collaboration between SERES and Huawei has resulted in the creation of three premium models, providing 400,000 users with high-end smart vehicles, validating the success of their business model. Moving forward, both companies plan to deepen their partnership, leveraging their respective resources and strengths to co-define, co-design, and co-market AITO-branded vehicles, aiming to establish AITO as a leading brand in the new-generation luxury car segment.

To achieve this goal, both parties will continue to increase their investment in the AITO brand. In terms of sales and channel capacity building, SERES is committed to developing a new quality ecosystem and plans to establish over 600 user centers by 2027.

In user operations and services, SERES and Huawei will capitalize on their expertise and advantages in user experience and operations to collaborate deeply on building AITO’s user operation capabilities. This partnership aims to enhance the overall user experience and solidify AITO's position in the luxury automotive market.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Automotive: Toyota Decides To Halt Development Of Certain Models]
May 29, 2026 15:52
[Automotive: Toyota Decides To Halt Development Of Certain Models]
Read More
[Automotive: Toyota Decides To Halt Development Of Certain Models]
[Automotive: Toyota Decides To Halt Development Of Certain Models]
Toyota Motor Corporation has decided to halt the development of its next-generation battery electric vehicles, specifically targeting a sedan model for its luxury brand Lexus that was originally planned to commence production in mid-2027. This vehicle, featuring fast-charging capabilities and longer cruising range, was showcased at the Japan Mobility Show in October 2023. Initially planned for market launch in 2026, its production start was later postponed to 2027. Over the past year, Toyota's global electric vehicle sales exceeded 190,000 units, a year-on-year increase of 42.4%. However, the decision by the Trump administration in the US to eliminate tax incentives for electric vehicle purchases has created adverse market conditions.
May 29, 2026 15:52
[Automotive: XPeng Group Reports Q1 Revenue Of 13.03 Billion Yuan, Gross Margin Of 20.6%]
May 29, 2026 15:52
[Automotive: XPeng Group Reports Q1 Revenue Of 13.03 Billion Yuan, Gross Margin Of 20.6%]
Read More
[Automotive: XPeng Group Reports Q1 Revenue Of 13.03 Billion Yuan, Gross Margin Of 20.6%]
[Automotive: XPeng Group Reports Q1 Revenue Of 13.03 Billion Yuan, Gross Margin Of 20.6%]
On May 28, XPeng Group released its first quarter financial report for 2026. In the first quarter of 2026, XPeng Group's total quarterly revenue was 13.03 billion yuan, with a quarterly gross margin of 20.6%, an increase of 5.0 percentage points compared to the same period in 2025. Quarterly deliveries reached 62,682 vehicles. Service and other income amounted to 2.03 billion yuan, a year-on-year increase of 41.2%. Quarterly research and development investment was 2.91 billion yuan, a year-on-year increase of 46.8%. As of March 31, 2026, cash on hand was 42.09 billion yuan.
May 29, 2026 15:52
Mankun Tech's Intelligent Driving PCBs Ready for L3, Not Yet Supplied to Tesla
May 29, 2026 13:17
Mankun Tech's Intelligent Driving PCBs Ready for L3, Not Yet Supplied to Tesla
Read More
Mankun Tech's Intelligent Driving PCBs Ready for L3, Not Yet Supplied to Tesla
Mankun Tech's Intelligent Driving PCBs Ready for L3, Not Yet Supplied to Tesla
Mankun Technology stated on an interactive platform that the company's intelligent driving PCB products currently have relatively sufficient orders. The company's intelligent driving PCB products currently possess the technical capability to support L3-level autonomous driving, while higher-level autonomous driving applications are still in the R&D and reserve stage. As of now, the company has not yet supplied Tesla with L3-level autonomous driving-related PCB products. The company will closely monitor industry technological developments and actively explore market opportunities.
May 29, 2026 13:17