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Details of the Cooperation
On February 13th, sources close to Huawei confirmed to media that the cooperation approach between Huawei and SAIC has been essentially confirmed. SAIC chose to cooperate with Huawei on establishing a new brand “Shangjie” (尚界in Chinese) under HIMA (Harmony lntelligent Mobility Alliance), in which Huawei is the most deeply involved like its preceders, Seres, Chery, BAIC and JAC.
HIMA Brands | Domestic Automaker | Models |
|---|---|---|
AITO | Seres | AITO M5, M7, M9 |
Luxeed | Chery | Luxeed S7, R7 |
Stelato | BAIC | Stelato S9 |
Maextro | JAC | Maextro S800 |
Shangjie (English name pending) | SAIC | Pending |
Model Launches and Future Plans
According to local media, the two parties have already decided to launch two models, and the first one will enter market by the end of 2025, which will be developed based on an existing model from SAIC’s sub-brand Rising Auto.
Additionally, Shangjie will be the fifth brand of HIMA, targeting younger market pricing between RMB170,000 (approximately $23,300), to RMB 250,000 (approximately $34,200), as reported. If this is true, Shangjie will be the most affordable model under HIMA.
HIMA Brands | Price Range |
|---|---|
AITO | RMB 230,000 – 470,000 |
Luxeed | RMB 250,000 – 400,000 |
Stelato | RMB 450,000 – 550,000 |
Maextro | RMB 1 million - 1.5 million |
Shangjie (English name pending) | RMB 170,000 – 250,000 |
The two parties didn’t disclose any more information about the size of the news models, we will keep you all informed once there are any updated about this cooperation.
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