Core Viewpoint - The collaboration between SAIC Motor Corporation and Huawei has led to the launch of the new car brand "Shangjie," with the first model, Shangjie H5, set to begin pre-orders soon, significantly boosting SAIC's stock price [1][9]. Group 1: Strategic Collaboration - In February, SAIC and Huawei signed a deep cooperation agreement to collaborate on product definition, manufacturing, supply chain management, and sales services for new energy smart vehicles [1]. - The new brand "Shangjie" is part of Huawei's HarmonyOS Smart Vehicle business, which aims to disrupt the current market landscape [1]. Group 2: Product Details - The Shangjie H5 is a compact SUV with dimensions of 4780mm in length, 1910mm in width, and 1657mm (or 1664mm) in height, with a wheelbase of 2840mm [3]. - The vehicle will offer both range-extended and pure electric versions, with the range-extended version featuring a 1.5L engine providing a maximum power of 72kW and a CLTC electric range of 230km [3]. - The pure electric version will have motor power options of 150kW and 180kW, with a maximum CLTC electric range of 655km [3]. Group 3: Market Expectations - The Shangjie H5 is expected to be priced between 150,000 and 250,000 yuan, targeting the mainstream market as the lowest-priced model under the HarmonyOS Smart Vehicle brand [7]. - Over 1,500 dealers, including luxury brands like Porsche and Volvo, have expressed interest in joining the Shangjie sales network [5].
尚界H5宣布下周开启预订,上汽集团涨停