Introducing the Future of Electric Mobility: Stelato by BAIC!
Get ready for a revolution in the automotive world as Huawei and renowned Chinese automaker BAIC join forces to unveil their first joint electric vehicle model under the exciting new brand, Stelato.
With a shared vision of exceeding 10,000 units in monthly sales, Huawei and BAIC are gearing up to redefine the electric vehicle landscape across Asia and Europe. The much-anticipated Stelato is set to make its grand debut at this year’s Beijing Motor Show in April, marking a significant milestone in the partnership between these industry titans.
Why does it matter, you ask? Well, for starters, the launch of Stelato represents yet another bold move for Huawei as it expands its footprint in the automotive sector. Despite facing challenges from US sanctions, Huawei remains undeterred in its quest to revolutionize the way we think about transportation.
At AUTO RINGS, we’re thrilled to be part of this electrifying journey with Huawei and BAIC. As the official dealer of BAIC in the Baltics, we’re committed to bringing you the latest and greatest in electric vehicle technology. From sleek designs to cutting-edge features, the Stelato promises to deliver an unparalleled driving experience like never before.
And speaking of electric vehicles, let’s not forget Huawei’s remarkable track record. With the successful resurrection of the Aito brand in partnership with Seres, followed by the launch of the redesigned M7 plug-in hybrid crossover, Huawei has already proven its prowess in the EV market. And now, with Stelato, they’re ready to take things to the next level.
Sure, there may have been a setback with the Luxeed EV, but rest assured, Huawei and BAIC have learned from the experience.
Details: Huawei and BAIC Bluepark, a mainland-listed subsidiary of the state-owned automaker, expect monthly sales of the first model under the new Stelato brand to achieve more than 10,000 units, according to an internal memo seen by Yicai (in Chinese).
- According to the report, the executive sedan will be priced between RMB 300,000 and RMB 500,000 ($41,730-$69,550), and is scheduled to debut next month at this year’s Beijing Motor Show; it would then officially launch in June.
- BAIC, a main partner of Daimler in China, is planning to create a capacity of around 300,000 EVs for the Stelato project, with more high-end EV models from sports sedans to SUVs in the pipeline, the report said.
- The automaker last month told investors it is setting up a sales and service network for overseas markets, especially Europe and Asia. An existing partner to Huawei, BAIC sold fewer than 50,000 units of its Arcfox-branded EVs from 2021 to 2023.
- Meanwhile, Huawei is set to launch its first model as part of a separate partnership with JAC Motor by the end of this year. The two companies plan to produce 35,000 units of the multi-purpose vehicle annually in a new plant scheduled for completion in 2025, according to an environmental filing published on March 1.
Context: More Chinese automakers, such as state-owned Changan and Dongfeng, are joining Huawei’s expanding “Harmony Intelligent Mobility Alliance” in hopes of re-creating their brand images with Huawei’s smart cockpit and automated driving technologies, and leveraging its sales network.
- Aito for now remains the biggest success story of Huawei’s push into EVs, as vehicle deliveries grew 24% year-on-year to 94,380 units in 2023. Sales further increased to more than 54,000 units during the first two months of this year when most automakers reported flagging sales.
