AsianFin -- Chen Zhuo, President of Avatr Technology, announced that the Avatr 06 will be upgraded to Huawei’s Qiankun Intelligent Driving System (ADS 4) in the third quarter of this year.

The Avatr 11, 12, and 07 models are also set to complete the upgrade within the same period.

On the capital front, Avatr stated that it has no new financing plans before its planned IPO in Hong Kong.

Looking ahead, the company said it plans to expand into more than 50 countries in 2025, establishing over 161 sales channels overseas. Avatr aims to achieve overseas sales of 15,000 vehicles this year.