Aito launched the new M7 on September 12. It previously said it had more than 120,000 firm orders for the M7 by the end of December.
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Aito's single-month delivery capacity in 2024 is expected to reach 30,000 vehicles, it said.
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The production capacity target for the new Aito M7 has been raised to an average of 700 units per day, with a maximum annual capacity of 200,000 units, according to local media.
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Aito's new M7, which was launched on September 12, has more than 60,000 firm orders in the first month of its launch.
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The new version of the full size SUV is 5,500 USD cheaper than the older one.
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Huawei's head of automotive business Richard Yu said the M7 SUV has seen a comeback from the dead.
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Mr. Yu Chengdong (Richard Yu), Executive Director at Huawei, claimed that the JV had invested more than 500 million yuan (69.4 million USD) on the new AITO M7, and the new car is expected to generate more than 30% of AITO's 2023 sales.
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The starting price of the new M7 EREV is not only RMB 40,000 lower than its predecessor, it is also significantly lower than the price of its main competitor.
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The power comes from an 1.5T range-extender hybrid system and the battery is supplied by CATL, offering two pure electric cruising ranges of 200 km and 230 km.
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The Aito brand began in 2021, with Huawei providing technical support for related cars and Huawei responsible for sales.
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