The Chinese technology giant also launched the Stelato S9, the first model under its new luxury brand with manufacturing partner BAIC, at a lower-than-expected price range of RMB 399,800 to RMB 449,800 ($55,664-$62,625). The five-meter-long full-size luxury sedan is targeted at consumers of premium offerings such as the Mercedes-Benz S-Class and BMW’s 7 Series. Yu added that the ADAS will enable drivers to pass toll gates on Chinese expressways and at public parking lots without manual engagement. The Stelato S9 boasts a faster acceleration to 100km/h (62 mph) than existing offerings – in 3.9 seconds – as well as a drag coefficient (Cd) of 0.193, said to be the lowest among production sedans in its segment. READ MORE: Chinese companies take on Tesla’s Full Self-Driving with non-lidar approach, end-to-end AI