Huawei’s Auto Business Partner Sokon Sold 3,565 New Energy Vehicles in August, a YoY Increase of 146%

Recently, Chongqing Sokon Industry Group announced its August production and sales report. The data show that the company sold 3,565 new energy vehicles in August, a year-on-year increase of 146%.

From January to August, 21,736 Sokon new energy vehicles were sold, up 116.47% year-on-year. Sokon sold a total of 169,821 vehicles and produced 177,098 from January to August.

Sokon is a comprehensive automobile enterprise integrating R&D, manufacturing, sales and service of passenger cars, commercial vehicles and auto parts. It operates through its subsidiaries DFSK Motor, SERES, Ruichi and others. Thanks to its cooperation with Chinese telecommunications firm and smartphone maker Huawei, Sokon’s share price has increased tenfold from about 8 yuan ($1.24) last year to about 80 yuan now.

At the 19th Shanghai International Automobile Industry Exhibition in April this year, Huawei announced that SERES has launched an extended range electric vehicle – the new SERES SF5, with the price of 216,800 yuan ($33,561) for the two-wheel drive version and 246,800 yuan for the four-wheel drive version.

The SERES SF5 is equipped with “HUAWEI DriveONE Three-in-One Electric Drive.” In pure electric mode, a range of over 1000km for long distance travelers can be achieved. The high-performance capabilities boast 0-100 kmh acceleration in 4.68s, and 0-50 kmh acceleration in 1.99s. Moreover, the car also adopts Huawei’s HiCar system, which also represents a core selling point.

In addition to the SERES SF5, Huawei will be fully involved in the second and third model planned by SERES, which are expected to be launched in October 2021 and February 2022, respectively.

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