Tech Insider: Huawei EV Partnership Surprises, Obstacles Loom in China’s AI Craze

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Huawei EV partnership surprises with hit vehicle

A new electric car co-developed by Huawei Technologies Co. Ltd. and automaker Seres Group Co. Ltd. has received over 60,000 orders within a month after the launch of the Aito M7 SUV on Sept. 12. With demand exceeding the two partners’ expectations, Huawei has committed 1 billion yuan ($136.5 million) of additional investment to guarantee delivery.