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November 29, 2023
HONG KONG/SHANGHAI — Huawei Technologies' new smart car software and components firm is set for a valuation of up to 250 billion yuan (S$46.15 billion) after it sells stakes to investors including Changan Auto, three people with knowledge of the matter said. The Chinese company said on Sunday (Nov 26) it will spin off its four-year-old Intelligent Automotive Solution (IAS)...
November 29, 2023
Nio will team up with Zhejiang Geely to promote battery swapping technology as the two leading EV makers try to overcome poor charging infrastructure in the world’s biggest EV market.
November 29, 2023
Huawei Technologies will spin off its Intelligent Automotive Solution (IAS) business unit into a new company worth billions of dollars.
November 29, 2023
Huawei: Changan Auto and its ultimate parent, state-owned China Ordnance Equipment Group - also known as China South Industries Group - are considering acquiring about 35% and 5% respectively of the new firm, which could be valued at 200 billion to 250 billion yuan, two of the people said.
November 29, 2023
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Aligning with the major indices, China’s electric vehicle (EV) stalwart N...
November 28, 2023
Huawei called on current partners Seres, Chery, JAC and BAIC to take a stake in a new joint venture initiated by Huawei and Changan Automobile.
November 28, 2023
Huawei Technologies said some of its automotive partnerships, having gained skills in user experience, product design and marketing, were now ready to move towards independent operations and... -November 28, 2023 at 03:18 am EST - MarketScreener
November 28, 2023
Huawei Technologies said it will provide cloud, 5G and AI solutions to Chinese copper pipe maker Hailiang Group, as the US-sanctioned telecommunications giant seeks ways to diversify its revenue streams.
November 28, 2023
(CTN News) - Huawei announced on Sunday its plans to transfer essential technologies and assets from its smart car division, which...............
November 28, 2023
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0741 GMT –…