Three new Maextro V800 vehicles suffered brake-pedal bracket failures during emergency-stop testing, sparking a heated response from the Huawei-JAC luxury brand and sending JAC shares into freefall
Featured Topic: Key Points Mr. Megashira discusses the Zunjie V800, a Chinese luxury minivan in the 20 million yen class, and the vehicle, jointly developed by Huawei and JJHWA, which underwent a 100 km/h emergency braking test using three new vehicles, all conducted by Pedal.
On October 9th, shares of Chinese automaker JAC Motors fell another 7.97%, following a limit-down the previous day. In just two trading days, its market capitalization evaporated by approximately 10.6 billion yuan. This comes after reports surfaced that three test vehicles of the JAC V800, developed in collaboration with Huawei, experienced brake pedal bracket breakage during emergency braking.