Huawei Technologies has been investing a considerable amount of operating profit, approximately $1 Billion, to increase its participation as an automotive supplier and collaborator. It is cementing various levels of agreements with domestic Chinese OEMs, including Chang’an, Chery, JAC, Arcfox and Seres (Sokon). In our earlier discussion of Honda, we mentioned that Sony and Honda are codeveloping an EV vehicle brand. Huawei has already pioneered this space to bring co-branded products to market with Huawei-OEM agreements. Two co-branded EV agreements with the OEMs include:
The successful U.S. effort to dispel Huawei from the international business stage has not deterred Huawei from becoming a model for single-region collaboration, now emulated by Sony and Honda. By comparison, similar efforts by U.S. technology giants Amazon, Apple and Google have not been fruitful. These tech giants have yet to broker a similar EV co-brand with a U.S. OEM, or any OEM for that matter.
AVATR 11 Electric SUV Instrument Panel Detail (Huawei, Chang’an, and CATL)