Chinese car manufacturer Chery Auto has formed a standalone business unit for its Luxeed electric vehicle brand994 Archives a move that could increase the speed of decision-making and enhance its partnership with Huawei, sources told the auto services portal Yiche on Sunday. The news comes after reports that the partnership might be in trouble, leading to a senior executive from Chery recently quitting his job and many customers waiting for up to a few months for the delivery of their first joint model, the Luxeed S7 sedan. The two companies, in late 2020, forged their alliance with plans to jointly launch at least five new EV models featuring Huawei’s in-car technology, such as automated driving systems. The first model, the S7, went on sale on Nov. 28 with a starting price of RMB 249,800 ($34,921). [Yiche, in Chinese]
