BAIC New Energy is suffering from heavy losses and is seeking cooperation with Huawei to realize its high-end dream

BAIC New Energy expects to lose 5.2 billion to 5.7 billion yuan in 2023, and has accumulated losses of more than 20 billion yuan. In pursuit of the high-end market, BAIC New Energy cooperated with Huawei to launch the Enjoy S9, hoping to realize its high-end dream.