SHENZHEN, China, Nov 28 (Reuters) – Huawei Technologies Co Ltd (HWT.UL) says some of its automotive partnerships will acquire user experience, product design and marketing skills and move towards independent operations and investments. He said he is ready.
Richard Yu, Managing Director and Chairman of Huawei’s Smart Car Solutions Division, is speaking at an event in Shanghai to announce the Luxeed S7, a sedan jointly developed by Huawei with Chinese automaker Chery Automobile (CHERY.UL). commented on.
Huawei announced on Sunday that it will establish a new joint venture with automaker Changan Automobile (SASAGG.UL), with a stake of up to 40%.
Huawei-backed electric vehicle (EV) brand Aito has received orders for more than 100,000 units of the improved M7 model since its launch two and a half months ago, Yu said, which is a significant development for the company. He said it was a new milestone.
Huawei has repeatedly said it doesn’t make cars, but only helps other automakers make better cars.
On Tuesday, Yu said Huawei has three models for cooperating with automakers: providing parts, providing smart solutions, and designing and manufacturing vehicles.
Report by David Kirton.Editing: Jacqueline Wong
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