Huawei plans to cooperate with Chongqing State-owned Assets Supervision and Administration Commission to promote independent operation of vehicle business

According to news from this site on August 11, according to an exclusive report by the domestic media @HiEV Garlic Grain Car Research Institute, multiple information sources close to Huawei stated that Huawei intends to promote car BU ( Notes from this site: Business Unit, Career Group/Business Unit ) operates independently and is currently in close contact with Chongqing State-owned Assets Supervision and Administration Commission on cooperation matters.

Similar to a glorious solo flight

According to reports, CheBU is expected to become a new company after independence At the same time, Huawei will recoup its R&D and investment in car BU over the years. As the core supply chain of mobile phones gradually recovers, the consumer business BG will focus more on main products (such as mobile phones and other consumer goods). The independent car BU will have the following characteristics:

• We can still continue to provide components to Huawei Smart Car Selection as a core supplier

• And it can give full play to Chongqing's geographical advantages and strengthen cooperation with automobile companies such as Changan and Thalys

• Through the new entity, Che BU is expected to lift some supply chain bans and obtain Key chip resources to provide more competitive products

##Yu Chengdong has mentioned in public many times before To date, more than 70% of vehicle BU’s investments are related to intelligent driving. In Huawei's annual report, the smart car business mentioned in

includes smart cockpit, smart driving, smart electric, smart car cloud, millimeter wave radar, camera, gateway, lidar, computing platform, AR HUD, and T-Box Products and solutions.

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