After the news spread, the capital market reacted swiftly. JAC Motors (Shanghai: 600418) hit its daily trading limit-down today, closing at 24.72 yuan (RMB, same below).
The Jiaye V800 and V680 are ultra-luxury MPV models jointly developed by JAC Motors and Huawei. On August 5, 2026, both models were officially launched. The Jiaye V800 offers three configurations: Enjoy Edition, Executive Edition, and Navigation Edition, with starting prices of 766,000 yuan, 866,000 yuan, and 1,016,000 yuan respectively; the Jiaye V680 Enjoy Edition starts at 648,000 yuan. On August 31, deliveries of both models officially began.
In terms of market enthusiasm, the Jiaye V800 performed impressively during the pre-sale phase. Pre-sales opened on June 25, 2026, with orders exceeding 3,200 units within the first hour, of which the V800 accounted for as high as 84%; cumulative orders surpassed 10,000 units within 23 days of pre-sales. Within 24 hours of launch, firm orders exceeded 3,500 units, with an average market price of about 900,000 yuan.
The report points out that, however, less than two months after delivery began, serious quality issues regarding brake pedal bracket fractures have emerged. For a luxury MPV positioned in the million-yuan class, the foundation of brand trust will face a severe test. (jq)