Huawei's electric vehicle alliance with 5 Chinese automakers is showing signs of strain, with deliveries down 50% year on year in October. AITO has moved to a new structure and aims to restore sales and improve its product lineup.
The structure of the electric vehicle alliance jointly operated by Chinese telecommunications giant Huawei and 5 Chinese automakers is showing signs of strain. Related independence turmoil has come to light, drawing attention to future developments.
October deliveries reportedly fell by approximately 50% year on year. The alliance's new structure and the reorganization of its sales operations have been cited as possible factors affecting delivery volumes, but the article does not identify specific causes.
AITO has adopted a new structure and is said to be aiming to restore sales, improve its product lineup and strengthen its ability to generate profits. The article does not provide details of specific measures or timing.