In a recent exclusive report by Reuters, global giant Huawei is looking at making electric cars, and some models could even launch this year! Since there business took a massive hit in the US due to sanctions by the former US President, I guess they’re looking at different ways to pump up their revenues.
Huawei are currently in talks with Changan Automobile as well as others to use their manufacturing plants to make its electric vehicles. With the plan for Huawei electric cars, we might just see some models this year, and just goes to show that this idea seems to have been around for a couple of years now. Other companies that are being talked to includes BAIC Group’s BluePark New Energy Technology.
Now officially, Huawei are denying the plans to design EVs or produce Huawei branded cars… naturally. The PR team may have been caught off guard when Reuters did their digging speaking to around four confidential sources. Even the companies mentioned above are not saying anything officially. They said, “Huawei is not a car manufacturer. However, through ICT (information and communications technology), we aim to be a digital car-oriented and new-added components provider, enabling car OEMs (original equipment manufacturers) to build better vehicles.”
One of the sources said that the head-honcho that made the company become a global telecom player will take the reins on the EV project.
As with any chatter about unconventional EV announcements, like that of Apple a couple of months ago, the stock for Changan rose 8 percent, and BluePark’s shares went up their maximum daily limit of 10 percent.
Huawei has been developing a swathe of technologies for EVs for years including in-car software systems, sensors for automobiles and 5G communications hardware.
The company has also formed partnerships with automakers such as Daimler AG, General Motors Co and SAIC Motor to jointly develop smart auto technologies.
It has accelerated hiring of engineers for auto-related technologies since 2018.
Huawei was awarded at least four patents related to EVs this week, including methods for charging between electric vehicles and for checking battery health, according to official Chinese patent records.
Huawei’s push into the EV market is currently separate from a joint smart vehicle company it co-founded along with Changan and EV battery maker CATL in November, two of the sources said.