Electrification & Mobility▲
Yu Chengdong says Huawei-JAC Maextro SUV expected to launch in early 2027; commercial vehicle concept rises over 3% intraday
Huawei Managing Director Yu Chengdong recently said the Maextro SUV developed with JAC Motors is expected to launch in early 2027. Boosted by the news, on September 30 the commercial vehicle concept rose 3.14% intraday, with JAC Motors up 9.98%, Dongfeng Corporation up 4.66%, Shuguang Corporation up 3.27%, Ankai Bus up 2.63%, and Hanma Technology up 2.46%. Southwest Securities research noted that in 2026 the commercial vehicle industry will see domestic sales supported by policy and overseas demand resonating, with large infrastructure projects in Vietnam, Thailand, and Saudi Arabia being released in concentrated fashion, providing sustained support for domestic heavy truck demand. Zheshang Securities research noted that new energy commercial vehicle penetration and battery capacity per vehicle are both rising, with 2025 sales reaching 950,000 units, up 64% year on year, and the sales share rising to 22%, with a projected compound growth rate of 51% from 2025 to 2030.
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600418.CG · Demand · Positive Huawei's Maextro SUV developed with JAC Motors is expected to launch in early 2027, a concrete product development for JAC.
Huawei · Technology · Positive Yu Chengdong announced the Huawei-JAC Maextro SUV is expected to launch in early 2027.
000868.CS · Demand · Positive Named among commercial vehicle concept stocks rising on the Maextro SUV news and sector demand outlook.
600006.CG · Demand · Positive Named among commercial vehicle stocks rising on the Huawei-JAC Maextro SUV news and sector demand outlook.
600375.CG · Demand · Positive Listed among commercial vehicle concept gainers on the Maextro SUV news and heavy-truck demand support.