Some Huawei car businesses are moving towards independence, the auto chief says. As a result of gaining expertise in user experience, product design, and marketing, Huawei Technologies (HWT.UL) stated that some of its automotive alliances were now prepared to move towards independent operations and investment.
Richard Yu, the managing director of Huawei and the head of its smart car solutions section, made these remarks while he was speaking at a launch event in Shanghai for the Luxeed S7 sedan, which Huawei has created in collaboration with the Chinese automobile manufacturer Chery (CHERY.UL).
On Sunday, Huawei announced that it would launch a new joint business with the automobile manufacturer Changan Auto (SASAGG.UL), which would control up to forty percent of the firm.
Yu claimed that since its redesigned M7 model went on sale two and a half months ago, the Huawei-supported electric vehicle (EV) brand Aito has received more than 100,000 orders. He referred to this as another milestone for the firm.
Huawei has stated on several occasions that it does not manufacture automobiles on its own but rather assists other manufacturers in producing superior automobiles.
Yu stated on Tuesday that Huawei has three different models for partnering with automobile makers. These models include selling parts, offering innovative solutions, or developing and producing automobiles independently.
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