Huawei sees heavy early demand for its smart cars

Remember Huawei’s emphatic denials that it’s absolutely not going to make cars?

It’s true. Huawei is not making cars – it’s selling them.

It began taking orders in April for the Seres SF5, an electric vehicle made by a little-known motorcycle and component manufacturer, Chongqing Jinkang, from China’s southwest.

In a demonstration of the power of the Huawei brand, it received 3,000 orders in the first two days – more than last year’s entire sales tally.

Neither company has issued any definitive sales figures, although one media report claims 10,000 have been sold in the first month, while another said 6,000 shipped in the first two weeks.

But early demand is way ahead of supply. New buyers need to wait three months to take delivery, Sina Tech reported.

High gear

Huawei has set an ambitious target of 300,000 units shipped by the end of 2022, Sina said. That would put it way past Tesla, the market leader last year, with 137,000 Tesla 3s sold.

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