Global expansion of the luxury brand Sherry "Iran": Locsid, the luxury brand of Sherry, established in 2023 as a result of the cooperation of Sherry and Huawei, is preparing for a more serious entry into markets outside China. This brand plans to expand its presence in global markets by launching 6 new energy vehicles. New products will be offered in three different families and will cover three types of driving forces. Locsid's product portfolio in China includes the S7 sedan, R7 coupe crossover, V9 minivan and RX SUV. In the first phase, two products V9 and RX will be released outside of China. These two cars are known as LLounge and Stormmax in global markets and Australia will be one of the first markets to host them. Read the full text here.