Some Huawei car businesses moving towards independence: autos chief
HUAWEI Technologies said some of its automotive partnerships, having gained skills in user experience, product design and marketing, were now ready to move towards independent operations and investment.
Huawei’s managing director and chairman of its smart car solutions unit Richard Yu made the comments while speaking at a launch event in Shanghai for the Luxeed S7 sedan that Huawei has jointly developed with Chinese automaker Chery.
On Sunday (Nov 26), Huawei announced it would launch a new joint company owned up to 40 per cent with automaker Changan Auto.
The Huawei-backed electric vehicle (EV) brand Aito has received more than 100,000 orders for its revamped M7 model since going on sale two-and-a-half months ago, Yu said, calling it another milestone for the company.
Huawei has repeatedly said it does not make cars on its own but only helps other automakers make better vehicles.
On Tuesday, Yu said Huawei has three models for working with autos manufacturers: providing parts, providing smart solutions or designing and building vehicles. REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
SIA staff rewarded with nearly 8 months of bonus pay as airline posts record S$2.7 billion profit for FY2024
Boeing, Airbus need to do more to reduce new jet delays, says Qatar Airways CEO
SIA posts 0.3% rise in H2 net profit as competition from other airlines intensifies
Malaysia Airports gets take-private offer from consortium including Khazanah, EPF
Honda moves to cut China workforce with voluntary layoffs
HD Hyundai expands Asia business with Philippines shipbuilding deal