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China's Aito targeting 1 million annual vehicle sales by 2030

Published by Global Banking & Finance Review

Posted on April 23, 2026

2 min read

· Last updated: April 23, 2026

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China's Aito targeting 1 million annual vehicle sales by 2030
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By Eduardo Baptista and Nick Carey BEIJING, April 23 (Reuters) - Huawei-backed Chinese electric vehicle brand Aito aims to more than double its annual sales to 1 million vehicles by 2030, banking on a

Aito Sets Ambitious Goal of 1 Million Vehicle Sales Annually by 2030

By Eduardo Baptista and Nick Carey

Aito’s Global Expansion and Technological Innovations

Ambitious Sales Targets and Overseas Market Push

BEIJING, April 23 (Reuters) - Huawei-backed Chinese electric vehicle brand Aito aims to more than double its annual sales to 1 million vehicles by 2030, banking on a push into overseas markets, cutting-edge autonomous driving technology and possibly some unconventional in-car features to get there, Chairman John Zhang told Reuters.

Zhang said Aito, owned by Chongqing-based carmaker Seres Group, expects overseas sales to account for 20% of total volumes within the next three years, up from less than 1% currently as it begins to expand beyond China, the world's largest car market.

Entry into European and Middle Eastern Markets

The company plans to enter some northern European markets this year, where EV adoption is higher. Zhang said the brand's flagship M9 full-size SUV would form part of the initial push.

Aito has launched operations in the Middle East and was close to opening a dealership before the Iran war broke out at the end of February.

"People are not in the mode of paying such big amounts to get on the road," in the Middle East, Zhang told Reuters on Thursday. "Hopefully we can do something in the second quarter."

Performance in China’s High-End SUV Segment

Aito sold 420,000 vehicles in 2025, up nearly 8% from 390,000 cars in 2024, emerging as one of the strongest performers in China's high-end SUV segment.

Advancements in Autonomous Driving and In-Car Features

Level 4 Autonomy Timeline

Zhang said Aito expects its vehicles will be capable of Level 4 autonomy in 2027, ready for regulatory approval, which he expects to come in about two years.

Understanding Level 4 Autonomy

Under Level 4 autonomy, vehicles can drive themselves without human intervention under certain conditions.

Unique Features for Premium Market Differentiation

The brand also plans to differentiate itself in the premium segment through unusual technology features, including projector headlights. Aito is also evaluating whether to add an odourless in-car toilet stored beneath a seat.

"When you've got to go, you've got to go," he said.

(Reporting by Eduardo Baptista, Editing by Louise Heavens and Nick Carey; additional reporting by Zhang Yan)

Key Takeaways

  • AITO sold over 420,000 units in 2025, leading China’s luxury NEV segment and marking strong momentum toward its 2030 target (finance.yahoo.com)
  • The brand plans to grow overseas share to 20% in three years by entering northern Europe and the Middle East with flagship models like the M9 (prnewswire.com)
  • AITO aims to deploy Level 4 autonomous vehicles by 2027 and will offer unconventional luxury features, including projector headlights and possibly an in‑car toilet (en.wikipedia.org)

References

Frequently Asked Questions

What is Aito's annual vehicle sales target by 2030?
Aito aims to reach 1 million annual vehicle sales by 2030 through global expansion and innovation.
How much of Aito's sales will come from overseas markets?
Aito expects overseas sales to account for 20% of total volumes within the next three years.
Which regions is Aito planning to expand into?
Aito plans to enter northern European markets and has launched operations in the Middle East.
When does Aito expect to achieve Level 4 autonomous driving capabilities?
Aito anticipates its vehicles will be capable of Level 4 autonomy by 2027, pending regulatory approval.
What differentiates Aito in the premium segment?
Aito will feature advanced technology such as projector headlights and is evaluating in-car innovations like an odourless toilet.

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