Index Investing News
Sunday, April 19, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

China’s Huawei partners with more automakers to produce Aito EVs By Reuters

by Index Investing News
April 1, 2023
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: Huawei logo is pictured on its headquarters building in Reading, Britain July 14, 2020. REUTERS/Matthew Childs/File Photo

SHANGHAI (Reuters) – China’s Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior executive said on Saturday, in a move to expand its presence in the auto industry.

Huawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, Richard Yu, Huawei’s Smart Car CEO, said at the China EV 100 forum in Beijing.

Huawei, which has already a partnership with Seres Group to make Aito cars, plans a series of models including SUVs, sedans and multipurpose vehicles under the Aito brand, Yu added.

“We’d like to fully use the automakers’ resources of production capacity,” Yu said.

Seres sold a total of 80,000 Aito cars featuring Huawei’s HarmonyOS system – developed by the company as an alternative to Android – in 2022, up more than six times from a year ago, according to company filings.

Huawei’s Chairman Eric Xu reiterated at a press conference on Friday that the company doesn’t make cars on its own but only helps other automakers make better vehicles.

Huawei has been hit by a series of export controls by Washington which says it is a security risk, which the company denies. The sanctions have blocked Huawei from buying key components as well as from using Google (NASDAQ:)’s Android operating system. 

The sanctions have also affected Huawei’s partnerships with global automakers, who have given up using Huawei’s vehicle connectivity technologies in the past two years, Yu said on Saturday.

Tension with the U.S. saw Meng detained for three years in Canada over alleged efforts to cover up attempts by Huawei-linked companies to sell equipment to Iran in breach of U.S. sanctions.



Source link

Tags: AitoAutomakersChinasEVsHuaweiPartnersproduceReuters
ShareTweetShareShare
Previous Post

Stewards of the Earth for Whom? And Theological Musings

Next Post

Roof Collapse At Belvidere, Illinois Concert Venue Sees One Dead, Many Injured – Deadline

Related Posts

Global recession inevitable if Strait of Hormuz stays shut

Global recession inevitable if Strait of Hormuz stays shut

by Index Investing News
April 17, 2026
0

Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund...

A Strong Sell Still: Tesla’s Decline Appears Far From Over (NASDAQ:TSLA)

A Strong Sell Still: Tesla’s Decline Appears Far From Over (NASDAQ:TSLA)

by Index Investing News
April 9, 2026
0

This article was written byFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented...

Fuel reservoir hit at Russia’s Primorsk, NORSI refinery on fire after drone attacks By Reuters

Fuel reservoir hit at Russia’s Primorsk, NORSI refinery on fire after drone attacks By Reuters

by Index Investing News
April 5, 2026
0

MOSCOW, April 5 (Reuters) - Fuel leaked at Russia’s Baltic Sea port of Primorsk, while NORSI oil refinery caught fire...

What If You Invested Every Dollar You Spent on Takeout?

What If You Invested Every Dollar You Spent on Takeout?

by Index Investing News
April 13, 2026
0

It starts innocently enough. You had a long day. The fridge is basically empty. Opening DoorDash takes five seconds, and...

Stop Managing the Excess Inventory Backlog. Start Clearing It.

Stop Managing the Excess Inventory Backlog. Start Clearing It.

by Index Investing News
March 28, 2026
0

The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be...

Next Post
Roof Collapse At Belvidere, Illinois Concert Venue Sees One Dead, Many Injured – Deadline

Roof Collapse At Belvidere, Illinois Concert Venue Sees One Dead, Many Injured – Deadline

Balaji Srinivasan’s M Bitcoin Bet Could Be Right, but I Hope He’s Wrong

Balaji Srinivasan’s $1M Bitcoin Bet Could Be Right, but I Hope He’s Wrong

RECOMMENDED

Asian markets mixed; Gift Nifty futures hold small gains

Asian markets mixed; Gift Nifty futures hold small gains

November 13, 2023
The 0 Billion Warehouse Automation Opportunity

The $100 Billion Warehouse Automation Opportunity

July 16, 2023
Analyst Says Bitcoin Won’t Fall Below 0,000 In Next Crypto Winter

Analyst Says Bitcoin Won’t Fall Below $100,000 In Next Crypto Winter

February 12, 2024
U.S.-Led Alliance Face Frustration Over Russia Sanctions

U.S.-Led Alliance Face Frustration Over Russia Sanctions

June 24, 2022
Whoopi Goldberg Says Criticism of Her 1993 Oscars Look Kept Her From Dressing Up: ‘It Hurt My Feelings’

Whoopi Goldberg Says Criticism of Her 1993 Oscars Look Kept Her From Dressing Up: ‘It Hurt My Feelings’

October 21, 2023
Luxurious Textile Honest Kicks Off With 18% Attendance Spike

Luxurious Textile Honest Kicks Off With 18% Attendance Spike

July 9, 2024
A crucial Budget for banks

A crucial Budget for banks

January 23, 2023
Former PM Imran Khan’s allies win biggest share of seats in Pakistan’s final election tally

Former PM Imran Khan’s allies win biggest share of seats in Pakistan’s final election tally

February 11, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In