Beijing (ZXZC)- The CEO of HUAWEI’s Intelligent Automotive Solution Business Unit, Yu Chengdong, commented that oil-fueled vehicles should be eliminated as soon as possible, at the 14th China Auto Bluebook Forum on July 7th. 

AITO M7; photo credit: AITO

The CEO said that range-extended vehicles are the best choice for the first family car, as it saves more fuel than traditional oil-fueled vehicles by generating electricity. 

As an ICT giant active in the automotive community, HUAWEI has burned through more than a billion US dollars in a year. Automotive operation is the only business that hasn't generated profit for HUAWEI. The company has put in 7,000 talents directly into the operation, and over 10,000 people indirectly, said Yu Chengdong.

Moreover, when approached about HUAWEI and SERES’ new vehicle model under the AITO brand, the M7, the CEO said that the model has attracted more than 50,000 orders so far. 

Notably, on July 6th, Yu Chengdong expressed his belief that extended range is the most suitable new energy vehicle mode in the current stage, as charging piles and infrastructures are not as comprehensive and convenient as they were supposed to be.

The CEO of WEY, a sub-brand of Great Wall Motor, Li Ruifeng, rebutted that range-extension technology is falling behind, and the whole industry knows.