Huawei’s EV tops China’s auto upstarts for second month

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Huawei’s EV tops China’s auto upstarts for second month
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SHANGHAI: Aito, the car brand from Huawei Technologies Co, is China’s best-selling electric vehicle among EV upstarts for a second straight month, a sign how far Chinese smartphone makers have come in their endeavour to take on some of the nation’s brightest automobile hopefuls.

By: Bloomberg, FMTHuawei’s success with its Aito brand demonstrates its progress in competing with some of China’s most promising auto companies.Aito, the car brand from Huawei Technologies Co, is China’s best-selling electric vehicle among EV upstarts for a second straight month, a sign how far Chinese smartphone makers have come in their endeavour to take on some of the nation’s brightest automobile hopefuls.

Li Auto’s February deliveries were 20,251 followed by Nio Inc, which delivered just 8,132 cars, down almost 20% month-on-month. Xpeng Inc, which is supposed to be ramping up production amid supply chain bottlenecks, was further down the list with only 4,545 EVs. Market leader BYD Co, which offers both battery-electric cars and plug-in hybrids, posted monthly sales of 121,748 vehicles.

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