JAC Shares Slump After Viral Video Showing Brake Pedal Defects
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
A Maextro V800 is on display at a Huawei store on Oct. 9. Photo: VCG
Anhui Jianghuai Automobile Group Corp. (JAC) saw its shares tumble after an automotive information provider released a test video showing the brake pedal brackets breaking on three V800 electric MPVs from its Maextro brand co-developed with Huawei Technologies Co. Ltd.
The video, published on Thursday by Dongchedi, showed the brake pedal brackets snapping during consecutive emergency braking tests conducted at a speed of 100 kilometers per hour.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and Bloomberg - for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
Sign in with Google
Sign in with Facebook
Sign in with 财新