Search results for AITO
Industry
AITO, Chinese EV brand, formalises Europe entry in fall 2027
AITO, the premium electric vehicle brand of China’s Seres Group, will enter the European market in the autumn of 2027. The Huawei-backed brand presented four SUV models including the AITO 9 at the 2026 Paris Motor Show and announced its plan. AITO is seeking EU type approval for all models and is targeting a five-star Euro NCAP rating, while preparing localised settings, multilingual voice control, driver assistance features and a service network.
Industry
Huawei to spend up to 80 billion yuan on self-driving computing over five years
Huawei will invest up to 80 billion yuan over the next five years to expand computing capacity needed to train and test self-driving cars. The spending aims to improve reliability of vehicles using its Qiankun ADS advanced driver-assistance system and to add more customers. An executive said Huawei plans to allocate 18 billion yuan to autonomous driving R&D in 2026. Qiankun ADS has surpassed 10 billion km in cumulative autonomous driving distance.
Mobility
Tesla Model Y keeps top spot in Q1 2026 EV sales despite year-on-year decline
The global electric-vehicle market lost momentum in January 2026 as U.S. and Chinese tax incentives were reduced or ended, cutting plug-in registrations 6% from a year earlier to about 1.2 million, a report cited by Cleantechnica showed. Tesla’s Model Y remained the top-selling model with 53,074 units, down 7%, while Model 3 sales fell 47% to under 15,000. Growth remained strong in parts of Asia and some emerging markets as Chinese exporters expanded overseas.
