Huawei May be Planning to Foray Into Electric Vehicles: Sources
3 years, 9 months ago

Huawei May be Planning to Foray Into Electric Vehicles: Sources

News 18  

Telecom equipment maker Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker, battered by US sanctions, explores a strategic shift. Huawei is also in discussions with Beijing-backed BAIC Group’s BluePark New Energy Technology to manufacture its EVs, said one of the two and a separate person with direct knowledge of the matter. Richard Yu, head of Huawei’s consumer business group who led the company to become one of the world’s largest smartphone makers, will shift his focus to EVs, said one source. 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.

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History of this topic

Building Apple products has become a side hustle for China’s biggest EV maker
3 weeks, 1 day ago

Building Apple products has become a side hustle for China’s biggest EV maker

Live Mint  

Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. Cook said on Chinese social media that BYD was among …

Chinese Tech Giants Dominate the Electric Vehicle Market
1 month, 4 weeks ago

Chinese Tech Giants Dominate the Electric Vehicle Market

Live Mint  

Chinese tech giants are making a big push into the electric vehicle (EV) market, with several companies like Baidu, Huawei, Xiaomi, and Apple investing heavily in the industry. These tech firms have been able to leverage their expertise in software, AI, and automation to create smart and efficient EVs that are often more advanced than their Western counterparts. However, the …

Huawei sees first-half earnings surge on smartphone renaissance
3 months, 3 weeks ago

Huawei sees first-half earnings surge on smartphone renaissance

The Hindu  

Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components business also doing well despite U.S. sanctions. Huawei did not give an earnings breakdown for individual units, but a spokesperson said its mainstay consumer business, which includes smartphones and PCs, as well as its smart car …

Chang'an and Huawei expand NEV partnership in Chongqing
4 months ago

Chang'an and Huawei expand NEV partnership in Chongqing

China Daily  

Chinese automaker Chang'an and Chinese tech giant Huawei sign a comprehensive strategic cooperation agreement on Aug 20 in Chongqing. According to the agreement, Avatr, a Chang'an-affiliated NEV company, will acquire a 10 percent stake in Huawei's smart auto business Yinwang for 11.5 billion yuan. Chinese automaker Chang'an and tech giant Huawei are expanding their new energy vehicle partnership after announcing …

Collaboration urged as EV market contest heats up
6 months, 2 weeks ago

Collaboration urged as EV market contest heats up

China Daily  

Leapmotor's 3.0 architecture attracts onlookers at the 2024 Guangdong-Hong Kong-Macao International Auto show in Shenzhen, Guangdong province, on June 1, 2024. At the 2024 Man Machine Mobility conference in Shenzhen, Guangdong province, on Saturday, Xiaomi Auto CEO Lei Jun advocated for an open and cooperative ecosystem, encouraging industry-wide sharing and collaboration. Yu Chengdong, chairman of Huawei's intelligent automotive solutions business …

China's new-energy sector draws interest of global investors
7 months ago

China's new-energy sector draws interest of global investors

China Daily  

Tesla showcases its charging piles and electric vehicles at the 2023 Consumer Technology and Innovation Show on May 30 in Shanghai. Experts said China's fast-growing green technologies and its thriving new-energy market have heightened the country's magnetism for foreign investors, particularly auto firms keen on turbocharging the electrification trend. "The influx of investments by international carmakers has shed light on …

Cellphone maker Xiaomi has EV market buzzing
7 months ago

Cellphone maker Xiaomi has EV market buzzing

China Daily  

Robotic arms working on a production line of Chinese NEV startup Li Auto in Changzhou, Jiangsu province, on Jan 10. CHINA DAILY Boasting sales New entrants to the electric vehicle sector often compare their products to established brands to grab the attention of car buyers. In April, when Li Auto launched the L6, a smaller SUV, Li stated it "beats …

If you’re thinking of snapping up a cheap new Chinese electric car there is something you should know…
7 months, 2 weeks ago

If you’re thinking of snapping up a cheap new Chinese electric car there is something you should know…

The Independent  

If you’re thinking of buying an electric car in the near future, you may well be tempted away from the Fords, Vauxhalls and VWs of this world by a cheaper, unknown brand from one of hundreds of electric vehicle start-ups coming out of China. open image in gallery BYD is responsible for producing the world's first purpose-built fully electric double-deck …

Tech firms eye big footprint in vrooming NEV sector
7 months, 3 weeks ago

Tech firms eye big footprint in vrooming NEV sector

China Daily  

Visitors check out an electric sedan in Hangzhou, Zhejiang province, in December. Donghai Securities said in a research note that autonomous driving technologies are entering a phase of rapid growth in China, as tech companies such as Huawei bring in more advanced driving assistance systems to cars. Similar to Huawei's emphasis on smart driving, Xiaomi Lei Jun, chairman and CEO …

Tech firms eye big footprint in vrooming NEV sector
7 months, 3 weeks ago

Tech firms eye big footprint in vrooming NEV sector

China Daily  

Employees work at the assembly line of Xiaomi SU7 electric sedans in Beijing in March. HE GUANXIN/FOR CHINA DAILY Chinese technology companies are foraying into the new energy vehicle industry, believing that the smart driving functions of electric vehicles will be key to winning market competitions over the next decade. From supplying autonomous driving systems to developing cars, tech companies …

Tech firms eye big footprint in vrooming NEV sector
7 months, 3 weeks ago

Tech firms eye big footprint in vrooming NEV sector

China Daily  

Employees work at the assembly line of Xiaomi SU7 electric sedans in Beijing in March. HE GUANXIN/FOR CHINA DAILY Chinese technology companies are foraying into the new energy vehicle industry, believing that the smart driving functions of electric vehicles will be key to winning market competitions over the next decade. From supplying autonomous driving systems to developing cars, tech companies …

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization
7 months, 4 weeks ago

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization

China Daily  

Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. Price cuts across various brands after Xiaomi's launch, from the Huawei Aito M7 to the 2024 Xpeng G9, demonstrate the dynamic nature of China's EV market. However, the fierce competition in China's new energy vehicle market, including price wars …

Chinese automakers redefine the car as a living space at Beijing Auto Show
7 months, 4 weeks ago

Chinese automakers redefine the car as a living space at Beijing Auto Show

Associated Press  

BEIJING — How about turning a car’s front bucket seats 180 degrees so they face the rear seats and extending out a table so the occupants can play cards or eat a meal? The seemingly never-ending efforts of China’s electric car makers to redefine the automobile went on display Thursday at the opening of the nation’s largest annual auto show. …

Chinese electric vehicles see more sales in developing countries
7 months, 4 weeks ago

Chinese electric vehicles see more sales in developing countries

China Daily  

Marelli's booth at the 2024 Beijing International Automotive Exhibition. Developing countries have more potential to increase their adoption of Chinese-made electric vehicles once they expand their associated infrastructure in the years ahead, said a senior foreign business leader. Speaking at its booth during the ongoing 2024 Beijing International Automotive Exhibition, David Slump, president and CEO of Marelli Holdings Co Ltd, …

Top auto giants reach out for Chinese tech
8 months ago

Top auto giants reach out for Chinese tech

China Daily  

An Xpeng store in Hangzhou, Zhejiang province, showcases its P7i, P5 sedans and other models. LONG WEI/FOR CHINA DAILY Global carmakers from Volkswagen and Stellantis are reaching out to Chinese electric vehicle companies to help boost their competitive edge as the sector is shifting toward electrification. Volkswagen said on Wednesday it is codeveloping an electrical/electronic architecture with Chinese startup Xpeng …

China's EV charging infrastructure sees robust growth in Q1
8 months, 1 week ago

China's EV charging infrastructure sees robust growth in Q1

China Daily  

A villager uses newly established facilities to charge her electric car in Badong county, Hubei province, on Feb 2. WEN LIN/FOR CHINA DAILY BEIJING -- China's electric vehicle charging infrastructure experienced steady growth in the first quarter of 2024, according to industry data. The China Electric Vehicle Charging Infrastructure Promotion Alliance reported the addition of 716,000 charging piles during the …

After Xiaomi, Huawei now eager to jump into EVs, starts manufacturing batteries for partner manufacturer
8 months, 3 weeks ago

After Xiaomi, Huawei now eager to jump into EVs, starts manufacturing batteries for partner manufacturer

Firstpost  

Just days after Xiaomi unveiled its first EV, Huawei has now started the mass delivery of its own luxury EV, which it makes in partnership with China’s Chery Automobile. Called the Luxeed S7 starts at approximately $34,600 After encountering setbacks due to semiconductor shortages and manufacturing issues, the Luxeed S7 electric sedan the result of a collaborative effort between Huawei …

China’s latest EV is a ‘connected’ car from smart phone and electronics maker Xiaomi
8 months, 3 weeks ago

China’s latest EV is a ‘connected’ car from smart phone and electronics maker Xiaomi

Associated Press  

BEIJING — Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars with a sporty high-tech sedan. “There’s still a long way to go for our car to become a Porsche,” he said, but that if Xiaomi keeps striving for five to 10 years, “we will eventually surpass Porsche …

How the EV Transition Is Reshaping the Global Auto Industry
9 months, 3 weeks ago

How the EV Transition Is Reshaping the Global Auto Industry

Bloomberg  

The biggest transformation of the auto industry in a century is underway, as governments offer massive subsidies to speed up the shift to electric vehicles. This combination could mean big losses for Western automakers and endanger ambitious goals for reducing the greenhouse gas emissions that come from road transportation. Chinese companies have succeeded in taking domestic market share from former …

China's Tesla killer? Phone maker Xiaomi unveils first electric car
11 months, 3 weeks ago

China's Tesla killer? Phone maker Xiaomi unveils first electric car

Daily Mail  

China's Xiaomi announced its first electric vehicle Thursday, predicting it is the first step toward overtaking Tesla. The Chinese-made vehicle will also feature self-driving, an entertainment system that is fully compatible with Xiaomi's smartphones, and blistering acceleration that will take it from 0 to 62 miles per hour in 2.78 seconds. Lei said that he expects Xiaomi's cars to rival …

Huawei forecasts revenue growth in 2023 as smartphones surge, indicating rebound after sanctions
11 months, 3 weeks ago

Huawei forecasts revenue growth in 2023 as smartphones surge, indicating rebound after sanctions

The Hindu  

Chinese tech giant Huawei Technologies expects to report revenue exceeding 700 billion yuan for 2023, according to comments from rotating chairman Ken Hu in an internal new year message seen by Reuters. The forecast offers further evidence that Huawei is rebounding after U.S. sanctions starting in 2019 impacted some of its business lines by restricting access to critical global technologies …

Huawei expects 2023 revenue increase despite external challenges
11 months, 3 weeks ago

Huawei expects 2023 revenue increase despite external challenges

China Daily  

By Ma Si | chinadaily.com.cn | Updated: 2023-12-29 13:30 Pricing details of Huawei's Mate 60 Pro smartphones are seen on smartphones displayed at a Huawei store in Shanghai, September 8, 2023. Huawei Technologies Co expects its revenue to hit 700 billion yuan in 2023, after the company made a strong comeback in its smartphone business with the Mate 60 series …

Chinese smartphone giant Xiaomi unveils first electric car
11 months, 3 weeks ago

Chinese smartphone giant Xiaomi unveils first electric car

The Hindu  

Chinese consumer electronics giant Xiaomi unveiled its first electric car model on Thursday, with its boss declaring ambitions of becoming a global automotive powerhouse despite fierce competition at home. In 2021, the company announced its intended foray into electric vehicles, joining a trend that has seen several major Chinese tech companies pivot towards the highly competitive sector. The SU7's batteries …

Smartphone maker Xiaomi unveils its first electric vehicle
11 months, 3 weeks ago

Smartphone maker Xiaomi unveils its first electric vehicle

Live Mint  

Chinese smartphone maker Xiaomi unveiled its first electric vehicle on Thursday and announced that it aims to become one of the world's top five automakers. In 2021, Beijing-based Xiaomi, the world's fourth-largest smartphone manufacturer, announced its plans to enter the electric vehicle space—a fiercely competitive sector. Some of the sedan’s interesting features include a range of up to 800 kilometres …

Huawei heats up NEV race with new SUV
11 months, 3 weeks ago

Huawei heats up NEV race with new SUV

China Daily  

A view of the Aito M9 SUV during an expo in Guangzhou, Guangdong province. LIU DAWEI/XINHUA Aito M9's autonomous driving tech marks segment's rapid growth phase Huawei Technologies Co showcased its technological muscle in its latest SUV model on Tuesday, as the Chinese company aims to bring cutting-edge autonomous driving features to more cars amid intensified competition. Yu Chengdong, head …

How China works: Chinese NEVs going global
11 months, 4 weeks ago

How China works: Chinese NEVs going global

China Daily  

When it comes to new energy vehicles, you are probably familiar with the concept. More people have begun to choose new energy vehicles as a means of transportation. In recent years, China's new energy vehicle industry has moved quickly and steadily, ranking first in the global production and sales of new energy vehicles for eight consecutive years, and creating a …

How China works: Chinese NEVs going global
11 months, 4 weeks ago

How China works: Chinese NEVs going global

China Daily  

When it comes to new energy vehicles, you are probably familiar with the concept. More people have begun to choose new energy vehicles as a means of transportation. In recent years, China's new energy vehicle industry has moved quickly and steadily, ranking first in the global production and sales of new energy vehicles for eight consecutive years, and creating a …

How China works: Chinese NEVs going global
11 months, 4 weeks ago

How China works: Chinese NEVs going global

China Daily  

When it comes to new energy vehicles, you are probably familiar with the concept. More people have begun to choose new energy vehicles as a means of transportation. In recent years, China's new energy vehicle industry has moved quickly and steadily, ranking first in the global production and sales of new energy vehicles for eight consecutive years, and creating a …

Huawei unit ships Chinese-made surveillance chips in fresh comeback sign, sources
1 year, 3 months ago

Huawei unit ships Chinese-made surveillance chips in fresh comeback sign, sources

The Hindu  

A Huawei Technologies unit is shipping new Chinese-made chips for surveillance cameras in a fresh sign the Chinese tech giant is finding ways around four years of U.S. export controls, two sources briefed on the unit's efforts said. The shipments to surveillance camera manufacturers from the company's HiSilicon chip design unit started this year, according to one of the sources, …

Tesla sues Xiaomi-backed EV tech maker for stealing their tech secrets, unfair competition disputes
1 year, 3 months ago

Tesla sues Xiaomi-backed EV tech maker for stealing their tech secrets, unfair competition disputes

Firstpost  

Tesla is suing a major Chinese EV component manufacturer that is backed by Xiaomi, for stealing a secret EV from them. Chinese companies have a reputation for not honouring international copyright laws and treaties Tesla has reportedly filed a lawsuit against a Chinese firm called Bingling Intelligent Technology, alleging infringement of tech secrets and unfair competition, as per Reuters. Xiaomi …

Huawei defends intellectual property
1 year, 6 months ago

Huawei defends intellectual property

China Daily  

A view of the booth of Huawei at an expo in Yokohama, Japan. Huawei Technologies Co said on Tuesday that protecting intellectual property is the only way to achieve innovation and charging reasonable licensing fees for using its patented technology is the result of innovation rather than the purpose of production. Huawei said in a statement to China Daily that …

China's Industry Minister Jin Zhuanglong, Tesla's Elon Musk meet, discuss electric cars
1 year, 6 months ago

China's Industry Minister Jin Zhuanglong, Tesla's Elon Musk meet, discuss electric cars

The Hindu  

China’s Industry Minister met Tesla Limited CEO Elon Musk on May 31 and the two discussed development of electric and “intelligent networked” vehicles, the Ministry said. Jin Zhuanglong and Elon Musk “exchanged views on the development of new energy vehicles and intelligent networked vehicles,” said a statement by the Ministry of Industry and Information Technology. On Tuesday, Foreign Minister Qin …

Chinese companies taking on niche premium vehicle brands
1 year, 9 months ago

Chinese companies taking on niche premium vehicle brands

China Daily  

Infiniti showcases models at the Guangzhou auto show in 2021. BYD and Geely launch luxury cars as Lexus and Infiniti suffer drops in sales Niche premium brands, like Lexus or Infiniti, once had a stout following in China; people want to be unique and different in urban streets' thick traffic. Despite the lingering COVID-19 pandemic, Chinese customers purchased 3.09 million …

China’s Huawei looks to ports, factories to rebuild sales
1 year, 11 months ago

China’s Huawei looks to ports, factories to rebuild sales

Associated Press  

TIANJIN, China — As technicians in a distant control room watch on display screens, an automated crane at one of China’s busiest ports moves cargo containers from a Korean freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its smartphone brand. The backbone of the “smart terminal” at the Tianjin Port, …

Huawei says it’s out of ‘crisis mode,’ though revenue flat
1 year, 11 months ago

Huawei says it’s out of ‘crisis mode,’ though revenue flat

Associated Press  

HONG KONG — Chinese technology giant Huawei says it has emerged from “crisis mode” after years of U.S. restrictions that have stifled its overseas sales, even though its revenue for 2022 failed to grow from a year earlier. Huawei Technologies Ltd., China’s first global tech brand, has struggled since then-U.S. President Donald Trump blocked its access to U.S. processor chips …

China's Huawei slows its long decline under U.S. sanctions as revenues improve
2 years, 1 month ago

China's Huawei slows its long decline under U.S. sanctions as revenues improve

The Hindu  

China's Huawei Technologies reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it finds its footing after U.S. sanctions knocked its once mighty handset business. Huawei posted revenue of 445.8 billion yuan for the first three quarters, 10 billion yuan less than it saw in the same period a year …

China’s Huawei says revenue down 2.2% so far this year
2 years, 1 month ago

China’s Huawei says revenue down 2.2% so far this year

Associated Press  

BEIJING — Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under U.S. sanctions, according to figures released Thursday. Revenue in the first nine months of 2022 declined 2.2% from a year earlier to 445.8 billion yuan, according to the company, the biggest maker of network gear for …

China’s Huawei says sales down but new ventures growing
2 years, 4 months ago

China’s Huawei says sales down but new ventures growing

Associated Press  

BEIJING — Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions. Huawei Technologies Ltd., China’s first global tech brand, has struggled since then-President Donald Trump blocked access to U.S. processor chips and other technology in …

Tesla previews solar-powered ‘trailer’ as Elon Musk’s company no longer top EV seller
2 years, 5 months ago

Tesla previews solar-powered ‘trailer’ as Elon Musk’s company no longer top EV seller

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Photos have emerged of an apparent solar-powered, battery-boosting trailer for Tesla electric vehicles as news …

NEVs to make up 30% of new car sales in 2025
3 years, 1 month ago

NEVs to make up 30% of new car sales in 2025

China Daily  

Staff members work on the production line of new energy vehicle at an automobile company in Liuzhou, South China's Guangxi Zhuang autonomous region, on Aug 12, 2021. Electric cars and plug-in hybrids are expected to account for 30 percent of new vehicle sales in China in 2025, according to Zhang Yongwei, a chief expert at Chinese auto think tank EV …

Huawei should dissolve, disperse and seed China’s high-tech future
3 years, 2 months ago

Huawei should dissolve, disperse and seed China’s high-tech future

The Economist  

H UAWEI, A CHINESE firm emblematic of the breakdown in Sino-American relations, makes for a perfect business-school case study. Less than two years ago the company, based in the southern boom town of Shenzhen, had not only surpassed Nokia and Ericsson, its Nordic rivals, to become the world’s leading supplier of telecoms infrastructure. Like all good case studies, it has …

U.S. approves licenses for Huawei to buy auto chips
3 years, 3 months ago

U.S. approves licenses for Huawei to buy auto chips

The Hindu  

U.S. officials have approved license applications worth hundreds of millions of dollars for China's blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said. But in recent weeks and months, people familiar with the application process told Reuters the U.S. has granted licenses authorising suppliers to sell chips to Huawei …

Analysis | Tesla’s tale of woes in the U.S. and China
3 years, 7 months ago

Analysis | Tesla’s tale of woes in the U.S. and China

The Hindu  

Elon Musk’s car company is under the scanner in the world’s first and second largest economies, U.S. and China. On Saturday, a Tesla car crashed into a deputy patrol’s cars near Seattle, causing significant damage; no one was injured, according to a report by AP. In a related development, the Wall Street Journal said in a report that China’s government …

Huawei to be out of top five smartphone brands list, report says
3 years, 11 months ago

Huawei to be out of top five smartphone brands list, report says

The Hindu  

Huawei to be out of top five ranking in global smartphone production despite market recovery, according to report by TrendForce. "Huawei is currently projected to tumble from third place in 2020 to seventh place in 2021," said market intelligence firm TrendForce. The firm predicted Samsung, Apple, Xiaomi, OPPO and Vivo to be in the top five this year, accounting for …

Tesla plans to produce electric car chargers in China, document shows
4 years ago

Tesla plans to produce electric car chargers in China, document shows

The Hindu  

Tesla Inc plans to start manufacturing electric vehicle chargers in China in 2021, according to a document submitted to the Shanghai authorities by the U.S. firm which is seeking to expand sales in the world's biggest car market. Tesla, which now sells its Model 3 electric cars in China and plans to deliver its Model Y sport utility vehicles in …

Huawei develops plan for chip plant to help beat U.S. sanctions
4 years, 1 month ago

Huawei develops plan for chip plant to help beat U.S. sanctions

LA Times  

Huawei is working on plans for a dedicated chip plant in Shanghai that would not use American technology. Huawei is working on plans for a dedicated chip plant in Shanghai that would not use American technology, enabling it to secure supplies for its core telecom infrastructure business despite U.S. sanctions. Industry experts said the planned local facility would be a …

Volkswagen Doubles Down on Electric Cars, to Invest 15 Billion Euro in China for New Models
4 years, 2 months ago

Volkswagen Doubles Down on Electric Cars, to Invest 15 Billion Euro in China for New Models

News 18  

German car giant Volkswagen has announced a fresh 15 billion euro splurge on China’s vast electric vehicle potential. Volkswagon’s commitment — made with its three Chinese joint ventures — see the firm double down on EV car manufacturing and the linked infrastructure between 2020 and 2024 and takes its total investment in the sector to nearly 40 billion euros. Fifteen …

Huawei Overtakes Samsung as World's Biggest Smartphone Maker Amid Sanctions and Controversies
4 years, 4 months ago

Huawei Overtakes Samsung as World's Biggest Smartphone Maker Amid Sanctions and Controversies

News 18  

China’s Huawei Technologies snatched the title of biggest smartphone seller from Samsung Electronics in the second quarter, underscoring the resilience of the China market even as global demand for phones plunged amid the pandemic. Huawei shipped 55.8 million devices in the April-June period, trumping Samsung’s 53.7 million, according to data from research firm Canalys. Huawei’s sales fell 5% from the …

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