HomeIndustriesHuawei Reveals That Chery's Luxeed S7 EV Begn Mass Delivery

Huawei Reveals That Chery’s Luxeed S7 EV Begn Mass Delivery

A Huawei executive confirmed on Saturday that the Luxeed S7 premium electric sedan, developed in conjunction with Chery, has begun mass delivery. This comes after delays spurred on by a semiconductor shortage and a series of production issues.

“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 announced on social media. The premium EV already has over 20,000 orders and is priced at 249,800 yuan ($34,600).

In addition to overcoming the production setbacks, Huawei also revealed that its smart car unit would be transitioned into a new company. In April, the company expects to turn a profit, thereby beginning its recovery after losing billions of yuan last year. Such losses aside, the company earned its highest revenue in 2023 over the past four years from new businesses such as its smart car unit.

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