The Chinese technology giant is creating a joint venture with Changan, the country’s oldest car manufacturer, which will be dedicated to intelligent vehicle systems.
The automobile sector is still a minority part of the giant’s activity Huawei, but it keeps getting bigger. The Chinese tech giant is creating a joint venture with Changan, the country’s oldest – and one of the most popular – car makers, which will be dedicated to intelligent vehicle systems. The structure will be 60% owned by Huawei and 40% by Changan, which produced 2.34 million cars last year.
Huawei thus continues its offensive in the automobile sector, as a technological supplier to local manufacturers. Via its subsidiary Intelligent Automotive Solution, the group has already signed partnerships to equip intelligent systems in five of them. Its software and components make it possible, among other things, to increase battery autonomy or prepare for the arrival of autonomous vehicle tomorrow.
100,000 orders for Aito’s latest SUV
Huawei also operates its own brand, Aito, whose car construction it subcontracts to the Seres group. This brand of electric vehicles has recorded no less than 100,000 orders for the launch of its latest SUV since September 12, one of the best starts in the country. Huawei expects by 2030 that half of the vehicles sold worldwide will be electric, and 20% of them will be autonomous.
This is not the first agreement between the Shenzhen group and Changan. In 2021, Huawei had already joined the alliance between battery producer CATL and Changan to create Avatr, another electric vehicle brand. Alongside the two groups but without taking a share in the capital, Huawei once again provides an equipment supplier service for Avatr’s intelligent systems.