The long-awaited Luxeed S7 electric sedan, a result of a collaboration between Chinese technology giant Huawei and Chery Auto, has finally begun mass deliveries after facing several setbacks. In an announcement made by Richard Yu, the managing director and chairman of Huawei’s smart car solutions, it was shared that a significant number of Luxeed S7 vehicles have been produced and are on their way to customers.
The production of the Luxeed S7 was delayed due to a scarcity of semiconductors and various issues during the manufacturing process. However, Huawei assured its consumers that the problems causing delays in delivering the premium electric vehicle would be resolved starting from April. This development comes after Chery Auto raised concerns with Huawei regarding the production challenges, specifically related to a computing unit supplied by the tech company.
Despite the hurdles faced during production, the Luxeed S7 sedan, which is the flagship model under Chery’s Luxeed EV brand, has received a substantial number of orders, totaling around 20,000 as of November 28th. The electric sedan is competitively priced, starting from 249,800 yuan ($34,600). This indicates a strong demand for high-quality electric vehicles in the market, especially those offering advanced features and technology.
Huawei’s foray into the electric vehicle market comes at a time when the company is experiencing a resurgence in its overall revenues. In 2023, Huawei reported its fastest revenue growth in four years, driven by a recovery in its consumer segment and earnings from new ventures such as smart car components. The decision to spin off the smart car unit into a separate entity last year seems to be paying off, with expectations of the unit turning profitable by April after incurring significant losses in the previous year.
The mass delivery of the Luxeed S7 electric sedan marks a significant milestone for Huawei and Chery Auto, signaling their entry into the competitive electric vehicle market. Overcoming production challenges and semiconductor shortages demonstrate the companies’ commitment to meeting consumer demand for innovative and sustainable transportation solutions. With strong market interest and competitive pricing, the Luxeed S7 is poised to make a mark in the electric vehicle industry, contributing to the ongoing growth and success of both Huawei and Chery Auto.