In a notable shift within China's automotive landscape, Aito, a domestic electric vehicle brand launched by Seres and Huawei, surpassed long-time leaders BMW and Mercedes-Benz in high-end car sales last year. Aito sold 151,000 vehicles, driven largely by its popular M9 SUV, which features advanced technology from Huawei. The rise of Aito reflects a broader trend in the premium auto segment where foreign brands are losing market share to agile domestic producers, indicating a significant evolution in consumer preferences in China.
Aito's M9 SUV, powered by Huawei's technology, has helped the brand outsell traditional giants like BMW and Mercedes in China, reflecting a market shift.
The rapid growth of Aito, under Seres Group, marks a significant transition in China's auto market, overtaking foreign brands in premium vehicle sales.
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