Huawei-backed Aito becomes outlier with record 32,973 Jan deliveries
Huawei-backed new energy vehicle (NEV) brand Aito delivered a record number of cars in Jan, defying seasonal declines by its major peers.
Aito delivered a record 32,973 vehicles in Jan, up 636.83% year-on-year and up 34.76% from Dec, according to data it released today.
Throughout Jan, Aito saw 24 days of single-day deliveries of more than 1,000 units, it said.
Deliveries of the new Aito M7 hit another record high of 31,253 units in Jan, the first time a single-month delivery exceeded 30,000 units, it said. The Aito M7 delivered 20,611 units in Dec.
Since its launch in Sep 2023, the new Aito M7 has now accumulated over 140,000 firm orders, the brand said.
Aito, the premium car brand launched by local carmaker Seres Group with Huawei on Dec 2, 2021, has already released models including the Aito M5, Aito M7 and Aito M9.
The Aito M5 and Aito M9 are available in both extended-range electric vehicle (EREV) and battery electric vehicle (BEV) versions, while the Aito M7 is only available in EREV versions.
The Aito M7 was initially released on Jul 4, 2022. On Sep 12, 2023, Huawei launched an revamped version of the M7 at one of its launch events and allowed the price to be reduced significantly.
Aito delivered more than 10,000 units per month for most of the second half of 2022, but performed weakly in 2023, below 6,000 units in most months last year.
The introduction of the revamped M7 reversed the Aito's fortunes, making it an exception in Jan that was unaffected by seasonality.
On Dec 26, Aito launched the M9, its highest-priced model, with a starting price of RMB 469,800 (USD65,410).
Scale deliveries of the Aito M9 will begin on Feb 26, but before, Aito is offering 2,000 first mover slots, who start getting deliveries on January 26, according to a previous Aito announcement.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
Follow me to get useful analysis, learn TA and make profitable trades.
Maximise profit 利润最大化
6554Followers
57Following
23KVisitors
Follow