AITO Launches 100,000 Mass-Produced Vehicles from Production Line

Mass-produced
On May 27th, AITO Automobile announced that AITO achieved 100,000 mass-produced vehicles off the assembly line in just 15 months.
As a comparison, it took NIO 1046 days (about 35 months) for the first 100,000 mass-produced vehicles to roll off the assembly line, 708 days (about 26 months) for Li Xiang cars, and 42 months for Neta cars.
It was previously reported that AITO delivered a total of 4,585 new cars in April. Since the start of delivery in March 2022, AITO M5, M7 and M5 pure electric versions have delivered a total of 100,000 vehicles so far.
SERES mentioned in the ESG report that SERES will invest 3.106 billion yuan in R&D in 2022; AITO’s core R&D investment will exceed 12 billion yuan; it has more than 3,000 core technology patents and more than 300 invention patents.
AITO official website currently sells models including AITO M5 smart driving version, AITO M5, AITO M5 pure electric smart driving version, AITO M5 pure electric version, AITO M7, and AITO M9 is expected to be launched in the fourth quarter of this year.
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