Seres, Huawei to further boost AITO marque
5 months, 3 weeks ago

Seres, Huawei to further boost AITO marque

China Daily  

The AITO booth attracts visitors at the Beijing auto show in April, 2024. Chinese NEV maker Seres said on Tuesday that it is deepening cooperation with partner Huawei to grow the AITO brand into a globally leading automotive marque. The deal, which came on the heels of the one inked in 2023, further indicates the two companies'dedication to the current business mode and their ambition to push forward the AITO brand's development. Also on Tuesday, Seres said it is to purchase AITO-related trademarks and patents from Huawei, priced at 2.5 billion yuan. Seres and Huawei started their cooperation in 2021 and have since rolled out a number of AITO-branded models, which are becoming increasingly popular among Chinese car buyers.

Huawei Seres Aito  huawei  purchase  models  marque  hit  current  boost  business  brands  seres  aito  cooperation

History of this topic

Seres's Jan-Sept revenue up 539%
1 month, 3 weeks ago

Seres's Jan-Sept revenue up 539%

China Daily  

The booth of AITO, which is owned by Seres, attracts visitors at the Beijing auto show in April 2024. Chinese NEV maker Seres saw its revenue from January to September this year hit 106.63 billion yuan, up 539.24 percent from same period last year, according to its third-quarter financial results released on Wednesday. The company saw its net profit attributable …

German brands revving up presence in China
3 months, 2 weeks ago

German brands revving up presence in China

China Daily  

Mercedes-Benz showcases the EQE 500 4MATIC Flagship at an auto show in Changchun, Jilin province, in July. Mercedes-Benz, BMW and Audi are preparing to roll out new models in China, scheduled to hit the market from 2025, as local Chinese rivals threaten to hog the limelight in the premium sector and lure car buyers away from the German trio. Over …

German brands revving up presence in China
3 months, 2 weeks ago

German brands revving up presence in China

China Daily  

Mercedes-Benz showcases the EQE 500 4MATIC Flagship at an auto show in Changchun, Jilin province, in July. Mercedes-Benz, BMW and Audi are preparing to roll out new models in China, scheduled to hit the market from 2025, as local Chinese rivals threaten to hog the limelight in the premium sector and lure car buyers away from the German trio. Over …

Seres, Huawei to further boost AITO marque
5 months, 3 weeks ago

Seres, Huawei to further boost AITO marque

China Daily  

The AITO booth attracts visitors at the Beijing auto show in April, 2024. Chinese NEV maker Seres said on Tuesday that it is deepening cooperation with partner Huawei to grow the AITO brand into a globally leading automotive marque. The deal, which came on the heels of the one inked in 2023, further indicates the two companies'dedication to the current …

Smart driving sees higher acceptance in China
6 months ago

Smart driving sees higher acceptance in China

China Daily  

Seres Chairman Zhang Xinghai speaks at the World Intelligence Expo on June 20, 2024. At first they did not dare to use the functions but gradually their fear is gone and finally they have taken to them, said Seres Chairman Zhang Xinghai at the World Intelligence Expo on Thursday. Seres designs and produces AITO-branded electric vehicles in collaboration with Huawei, …

Seres' Q1 net profit hits $30.34 million
7 months, 3 weeks ago

Seres' Q1 net profit hits $30.34 million

China Daily  

Seres showcases a vehicle platform at the Beijing auto show that runs from April 25 to May 4, 2024. Seres, which produces AITO-branded vehicles in collaboration with Huawei, saw its net profit reach 220 million yuan in the first quarter this year. From January to March this year, the company's operating revenue hit 26.56 billion yuan, up 421.76 percent year-on-year. …

Huawei unveils upgraded Luxeed S7 variants
8 months, 1 week ago

Huawei unveils upgraded Luxeed S7 variants

China Daily  

By MA SI | China Daily | Updated: 2024-04-12 09:30 A view of Huawei's booth during an expo in Barcelona, Spain earlier this year. Huawei Technologies Co on Thursday unveiled the upgraded versions of its Luxeed S7 electric sedan in partnership with Chery Auto, as the Chinese tech company aims to expand its presence in the burgeoning but increasingly crowded …

Huawei unveils upgraded Luxeed S7 variants
8 months, 1 week ago

Huawei unveils upgraded Luxeed S7 variants

China Daily  

A view of Huawei's booth during an expo in Barcelona, Spain earlier this year. Huawei Technologies Co on Thursday unveiled the upgraded versions of its Luxeed S7 electric sedan in partnership with Chery Auto, as the Chinese tech company aims to expand its presence in the burgeoning but increasingly crowded new energy vehicle market in the country. Yu Chengdong, head …

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