The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
The incident potentially delivers another blow to the company’s reputation following a high-profile accident involving a Nio car last year.
Huawei’s rotating chairman said the company is now seeking support and understanding as it “is susceptible to making mistakes” as a newcomer.
The introduction of Huawei’s automated driving software will test whether the company can provide a competitive edge for partnered EV makers.
TechNode China had a chance to test drive an EV, co-developed by Huawei and automaker Seres. Here are our takeaways.
The investment in Horizon reflects Chinese automakers’ growing anxiety about the ongoing semiconductor shortage.
Xpeng, Li Auto, and Nio are downsizing as rising costs of raw materials and supply chain disruptions cut into profit margins.
Chinese EV sales reported robust figures in January. Tesla ended 2021 with a solid profit performance. CATL retained its competitive lead.
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in Shanghai that began in late March.
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.