Huawei and Chinese automaker SAIC have reported an impressive surge in interest for their inaugural electric vehicle, the Shangjie H5, which was unveiled on Monday. Within just 18 hours of its launch, the companies received over 50,000 preorders for the midsize crossover, priced starting at RMB 169,800 (approximately $23,738). Customers can secure their orders with a refundable deposit of RMB 1,000. The Shangjie H5 is equipped with the latest technological features, reflecting the growing demand for electric vehicles in the market.
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