Huawei Ventures into New Partnership to Develop Car Technology

Nov 28, 2023 09:58 PM EST

(Photo : UNSPLASH/ Rubaitul Azad)

In its search to continously secure its presence in the automotive industry, Huawei continuously plunges into partnership with other auto manufacturers. The brand doesn't build automobiles itself.

Huawei's Expansion: Despite Ownership Stake

Huawei is teaming up with Changan Auto, a state-owned Chinese car manufacturer, to establish a new company with a primary focus on advanced automotive systems and components. Changan Auto will hold a stake of up to 40% in the new venture, jointly founded by Huawei.

Both want to work on smart car parts and systems. In addition to their primary goals, Changan Auto and Huawei are teaming up to develop intelligent driving solutions, smart cockpit technologies, a high-tech car platform, smart lighting systems, and augmented-reality head-up displays.

Huawei also revealed that aside from its partnership with Changan Auto it is considering to share ownership in venture with other automobile companies. Seres has mentioned that it was asked to invest in this venture. Huawei, a big telecommunications company from China, is entering the electric vehicle industry to broaden its sources of income, despite facing sanctions from the United States.

According to Carscoops, in September, Richard Yu Chengdong, who leads Huawei's car unit, said the Luxeed S7 will be better than the Model S. It will be available for sale starting November 28. The basic version has a 60.48 kWh battery and one electric motor that gives it 288 hp (215 kW).

For those who prefer more power, they can get a version with a 79.9 kWh battery and two electric motors that total 489 hp (365 kW).

According to Reuters Huawei said that the new company will work with partners to come up with new smart car technologies and make the automobile industry better.Both businesses will help the target company take the lead in smart systems and messaging for cars.

About Huawei

As shared on its website, established in 1987, Huawei stands as a prominent global supplier of information and communications technology (ICT) infrastructure and smart gadgets. The business reaches more than 170 nations and territories. This is possible through its workforce of 207,000 employees. Thus, catering to a population exceeding three billion globally.

Huawei is committed to global digital connectivity for all, and quality is crucial, as outlined in their quality policy. They emphasize transparent communication of customer needs to ensure quality across their value chain. Huawei values following rules and processes, achieving things correctly from the start, and fostering employee improvement globally.

They also collaborate with customers to balance opportunities and risks, responding promptly to their needs for sustainable growth. Huawei always provides top-notch products, services, and solutions.

The company recognizes ICT's role in accomplishing the UN Sustainable Development Goals and improving lives worldwide.

Huawei's 2022 Sustainability report highlights notable achievements from the previous year.These accomplishments lie under its four sustainability strategies: digital inclusivity, security and trustworthiness, environmental conservation, and ecosystem health.

Huawei's UN Sustainable Development Goal contributions are also highlighted.