Old and new companies jostle for smart EV market
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Huawei
In April, on the opening day of the 2021 Shanghai Auto Show, Chinese tech giant Huawei, together with Chinese EV startup Seres, launched a new model-the Seres Huawei Smart Selection SF5, which can be purchased from Huawei's online shopping mall.
In December, Huawei unveiled another new model, the Aito M5, at the company's winter product launch. Richard Yu, CEO of Huawei's consumer business group, said the Aito M5 will offer superior peak power and range to that of Tesla's Model Y.