Huawei's automotive business has already turned profitable as sales explode, especially for the Aito brand, an executive said.
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Huawei backed Luxeed S7 should be able to park autonomously from June according to reports in China.
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Luxeed S7 orders averaged over 1,000 units per day just this past weekend, according to Huawei's Richard Yu, head of the company's automotive business.
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Huawei said the Luxeed S7 has begun volume deliveries. The model was initially launched in November 2023 and has since been the subject of complaints over slow deliveries.
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The re-launched Luxeed S7 will bring new features and will be able to deliver soon after launch, with monthly sales expected to be at around 5,000 units, according to local media.
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The computing unit, called the MDC 810, powers advanced driver assistance systems, according to Reuters.
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Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions.
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Luxeed launched its first model, the Luxeed S7, on November 28 as a direct competitor to the Tesla Model 3.
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Luxeed S9 is the second vehicle from Chery and Huawei. It aims to rival the Tesla Model Y in China. S9 will start sales in Q2 2024.
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The Luxeed S7 is an all-electric mid to large-size sedan model with a starting price of RMB 249,800, or $34,920.
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