Huawei Expands in EV Market Through Partnerships with Automakers
Tech giant offers components and collaborates on new car brands, including a joint venture with Changan Automobile.
- Huawei is expanding its presence in the electric vehicle (EV) market by partnering with traditional automakers to create new car brands and sell tech components.
- The company has confirmed partnerships with at least four Chinese automakers, including Changan Automobile, Chery, BAIC Motor, and JAC Motor.
- Huawei's tech components include its Harmony OS operating system and driver-assist product, and it also offers a suite of car tech products called 'Huawei Inside'.
- Huawei recently launched a new joint company with Changan Automobile, which is expected to hold up to 40% of the equity in the venture.
- The Huawei-backed EV brand Aito has received more than 100,000 orders for its revamped M7 model since it went on sale two-and-a-half months ago.