China’s Huawei, Changan Auto to form joint auto systems venture
HUAWEI has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, indicated a Sunday (Nov 26) filing on the Shenzhen Stock Exchange.
“The two parties will jointly support the target company to become an industry leader in automotive intelligent systems and component solutions based in China,” the filing from Changan Auto said. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘We’ll look at it, we’ll see what is feasible’: SIA CEO on new business-class seat colours
Higher rates, weaker spending: Is the Philippines entering stagflation?
8M Real Estate said to be buying about 50 shophouses for around S$500 million
Waymo founder predicts ‘landslide’ robotaxi adoption in Singapore, driven by high car costs