WhatsApp !

Luxeed’s Upcoming EV, a Strong Contender Against Tesla Model S

Luxeed, the exciting collaboration between state-owned Chery Automobile and telecommunications equipment giant Huawei Technologies, is gearing up to unveil its inaugural production model this November. Named the S7, this electric vehicle (EV) boasts a sleek coupe-like design and will be constructed on Chery’s E0X platform, specially crafted for two-motor all-wheel-drive EVs.

Setting the Stage

While the specifics concerning price, range, and intelligent features remain under wraps, Richard Yu Chengdong, the head of Huawei’s automotive division, confidently asserts that the S7 will outshine Tesla’s Model S in various critical aspects. This bold claim positions Luxeed in direct competition with a range of premium EVs that have found favor among China’s burgeoning middle-class demographic, thanks to their cutting-edge digital technologies, encompassing autonomous driving, self-parking capabilities, and intuitive voice-activated controls.

A Powerful Alliance

Industry analysts are viewing Luxeed as a highly promising venture, harnessing the amalgamation of Huawei’s technological prowess and Chery’s formidable manufacturing expertise. Chery, headquartered in Anhui province, is strategically pivoting towards EVs in response to their rapid adoption, both domestically in China and globally. In 2018, they established Jetour, a subsidiary exclusively dedicated to the EV market. Jetour reported a remarkable achievement in 2022, delivering over 180,000 EVs, marking a 17 percent upswing compared to the preceding year.

Huawei’s Steady Drive into the EV Realm

Despite grappling with U.S. sanctions, Huawei has been making substantial inroads into the EV industry. In April 2021, the company introduced its cutting-edge Huawei HI intelligent automotive solution, offering car manufacturers a comprehensive suite of computing systems, 4D imaging radar technology, autonomous driving platforms, and intelligent thermal management solutions. Huawei has also been actively supplying automotive chips, lidar sensors, and state-of-the-art internet connectivity technologies to various car manufacturers.

In a bid to further solidify its presence in the EV market, Huawei joined forces with carmaker Seres, giving birth to the Aito brand in late 2021. Together, they are set to produce luxury EVs available exclusively in Huawei stores throughout mainland China. The Aito M9, a full-size luxury electric sport-utility vehicle, is slated to make its debut in the mainland market this December.

The Crowded Chinese EV Landscape

While China’s automotive and EV market is undeniably experiencing unprecedented growth, with battery-powered vehicle sales poised to surge by a remarkable 55 percent in 2023, it’s important to acknowledge that the market is becoming increasingly crowded, with approximately 200 players vying for attention.

Tesla, particularly with its locally manufactured Model 3, continues to reign supreme in the premium EV sector. However, it now faces robust competition from emerging Chinese EV startups such as Nio, Li Auto, and Xpeng. These companies have gained recognition for their advanced intelligent features, which have garnered significant attention from consumers.

In conclusion, Luxeed’s imminent entry into the EV market, powered by the formidable alliance of Chery and Huawei, has the potential to disrupt the status quo. With their ambitious claims of outperforming Tesla’s Model S and the backing of cutting-edge technology, Luxeed is poised to make waves in the ever-expanding world of electric vehicles. As the Chinese EV landscape continues to evolve, competition intensifies, promising more innovation and choices for consumers than ever before.

** Thanks **

Read More:

Fastest Electric Cars in the World

Top 20 Electric City Cars

Fastest Electric Bike In India

Toyota Batteries with 1000km Range

Volvo To End Diesel Car Production By 2024

Electric Kawasaki Ninja and Z Bikes Launch


Leave a Comment

Deepika’s visit to JNU affected the film ‘Chhapaak’, Meghna Gulzar revealed What’s the first thing Mark Zuckerberg does in the morning? Let’s know what Deepika Padukone keeps in her purse Vikrant Massey’s ’12th Fail’ Nominated for Oscars Filmfare OTT Awards 2023: Manoj Bajpayee, Alia Bhatt Win Best Actor, Actress Bigg Boss 17: Anjali Arora’s mysterious wildcard entry revealed! Private photo of Anjali Arora in white towel leaked from bathroom Tata Technologies IPO Day 2: Latest Subscription & GMP Details Upcoming high performing Kia Electric Car 2023 Hyundai Ionic 6 Luxury Electric Car