Huawei and Changan to bring Smart Car Operations
Reportedly, Huawei and automaker Changan Auto, will focus on various aspects of intelligent automotive systems together and bring several new solutions.
As per the official Huawei news, the objective of the new company is to collaborate with partners to drive innovation and leadership in smart car technology, ultimately contributing to the prosperity and development of the automotive industry.
Details regarding the equity ratio and capital contributions will be subject to negotiation between the two parties, as mentioned in a filing by Chongqing Changan Automobile with the Shenzhen Stock Exchange.
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