Huawei Eyes Audi, Mercedes for Electric Car Partnership

Jawad

13 Dec 2023

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Huawei Eyes Audi, Mercedes for Electric Car Partnership

As Huawei seeks partnerships with renowned car manufacturers Audi and Mercedes, the move has sparked both intrigue and speculation within the automotive industry. The Chinese tech giant's exploration of joint ventures or collaborations in the electric vehicle (EV) and smart car software sectors raises questions about the potential impact on the evolving landscape of the automotive market.

In recent closed-door meetings with Audi and Mercedes, Huawei has signaled its ambition to solidify its presence in the EV and smart car software industries. The company is reportedly considering spinning off its Intelligent Automotive Solution (IAS) business unit, which is valued between $28 billion and $35 billion. This move underscores Huawei's dedication to becoming a major player in supplying software and components for smart EVs.

Mercedes has expressed interest in acquiring a 3% to 5% stake in Huawei's smart car software and components firm, signaling a potential collaboration. On the other hand, details about Audi's response to Huawei's proposal remain undisclosed. There are indications that a partnership between the two companies could materialize in 2025, focusing on the development of autonomous driving technologies for Audi vehicles in the Chinese market.

Despite media speculation, Huawei, Audi and Mercedes have chosen to remain silent on the potential collaboration, leaving room for speculation and anticipation regarding the implications of such a partnership on the automotive and technology industries. The outcome of these discussions may shape the future landscape of electric and smart vehicles, bringing forth advancements and challenges alike.

Huawei Audi Mercedes Huawei EV Audi EV Mercedes EV Huawei Electric Car Partnership Smart Car Software Intelligent Automotive Solution IAS Joint Ventures Autonomous Driving Technologies

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