China’s Huawei and BAIC Motor launch first jointly developed EV

BEIJING (Reuters) – Chinese technology conglomerate Huawei and BAIC Motor on Tuesday launched their first jointly developed electric vehicle (EV).

Prices for the Stelato S9 sedan start at 399,800 yuan ($55,925.47).

($1 = 7.1488 Chinese yuan renminbi)

(Reporting by Beijing newsroom; Editing by David Goodman)