CHINA-S&T: HUAWEI DEVELOPING UNIT TO FOCUS ON SMART CAR SOLUTIONS
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Caixin (September 26) reported that there are plenty of companies in China wanting to compete with Tesla. These, it said, include Alibaba-backed Xpeng to Nvidia partner Li Auto. Caixin assessed that the real Tesla challenger may be Huawei Technologies Co. It said Huawei’s move into auto-related technology research goes back to 2013 when the company quietly started a unit to develop internet-based auto applications. In April 2019, the company made its first appearance at the Shanghai international auto show, declaring a plan to become an auto parts supplier. One month later, Huawei officially set up an auto business unit focusing on smart car solutions.
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