Seres to buy 10% stake in Huawei’s auto unit Newcool for $1.6 billion
The deal values Newcool at RMB 115 billion, the same as when Avatr bought a 10 percent stake earlier this month.
Huawei-backed Aito sees 400,000th vehicle roll off line
Cumulative deliveries of the Aito M7 have exceeded 200,000 units, contributing to more than half of Aito's deliveries.
Huawei’s auto business rakes in more revenue in H1 2024 than past 2 years combined, report says
Huawei's Intelligent Automotive Solutions business unit saw revenue reach RMB 10 billion as of early July, according to local media.
Huawei to transfer Aito trademarks and patents it holds to Seres for $340 million
Aito is a premium car brand launched by Seres with Huawei on December 2, 2021, and is the first new brand launched by Huawei in partnership…
Seres, Huawei’s auto partner, delivers 1st vehicles in Europe
Seres delivered Seres 5 vehicles to the first European owners in Norway in cooperation with a local dealer.
Seres’ sub-brand Landian sends 1st 500 cars to overseas markets
Seres officially launched the Landian brand on March 30 and made its first model, the plug-in hybrid E5, available with technology from Huawei…
Seres unveils new NEV brand Landian and 1st model E5 with BYD, Huawei technology
The Landian E5 is a mid-size plug-in hybrid SUV with a starting price of RMB 139,900.
Seres, Huawei sign deal on joint business, aim to sell 1 million NEVs by 2026
Seres and Huawei will jointly launch a new vehicle platform, the first flagship model of which is scheduled for release in 2023.
Seres to launch new model with semi-solid-state battery this year
The Seres 5 will be powered by a ternary solid-liquid hybrid lithium battery from Ganfeng Lithium, with a 90-kWh version expected to offer a…
Chongqing Sokon officially renamed as Seres Group, reports 13,291 NEV sales in July
This is up 316.78 percent from 3,189 units in the same month last year and up 7.03 percent from June.