China’s New Car Sales Lose 138 Billion Yuan; Huawei Suffers, Losing 30,000 Yuan per Car Sold

On September 24, at the Huawei Autumn Full Scene New Product Launch Event, Richard Yu, Huawei’s Executive Director and Chairman of the Board of Directors of the Intelligent Automotive Solution BU, officially announced the launch of the Zhijie R7. The new car comes in three models: Pro, Max, and Ultra, with prices ranging from 259,800 yuan to 339,800 yuan.
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