Yu Chengdong: Huawei’s high-end smart cars priced below 300,000 are actually sold at a loss
Hawk_Finance
2024-04-23 16:12:20
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On April 23, AITO held a new M5 launch conference. On the eve of the press conference, Yu Chengdong, chairman of Huawei Smart Car Solutions BU, revealed that Huawei has invested heavily in smart driving technology, and Huawei’s high-end smart driving, which sells for less than 300,000 yuan, is actually sold at a loss.
Yu Chengdong also said that low-end cars are meaningless. Due to supply chain and other reasons, the cost of Huawei's solutions is high, and only cars with more than 300,000 yuan can afford them.
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