Industry dynamics

Orders for all-new AITO M7 surpass 50,000 units by Oct.6

Publishtime:1970-01-01 08:00:00 Views:29

Beijing (ZXZC)- AITO, the premium new energy vehicle brand backed by SERES and Huawei, saw its recently launched all-new M7 model make waves in the market. 

Orders for all-new AITO M7 surpass 50,000 units by Oct.6

M7; photo credit: AITO

On October 6, Huawei's Executive Director, CEO of the Consumer BG, Chairman of the Intelligent Automotive Solution BU, Richard Yu, took to social media to share the impressive sales figures. The new AITO M7 received 7,000 units fixed orders on October 6, following the 3,500 units orders received

Since its debut on September 12, the new AITO M7 has already seen over 50,000 units in fixed orders. Richard Yu expressed his amazement, stating, "To make a comeback is truly not easy!"

The all-new AITO M7 hit the market in September, featuring five different variants with prices ranging from 249,800 yuan to 329,800 yuan, which represents a considerable reduction of over 38,000 yuan compared to the previous versions, which started at 288,000 yuan.

Orders for the new AITO M7 began surging on September 13, with over 15,000 units ordered by September 25 and exceeding 30,000 units on October 1. Remarkably, throughout September, the new M7 averaged over 1,500 units in daily fixed orders.

Richard Yu once emphasized the significant investment of 500 million yuan in the development of the new AITO M7 model, involving substantial improvements and even reconstruction of production lines.