Huawei Denies Joint Venture with Automobile Firm Volkswagen

Huawei Denies Joint Venture with Automobile Firm Volkswagen

( Source: Telecom Review)

Today,36 Kr reported that Huawei prepares to form a joint endeavor with Volkswagen Group to establish its autonamous driving innovation. This report has actually been rejected by Huawei.

It is reported that the JV to be developed by Huawei and Volkswagen intends to supply options to Volkswagen as a provider. Both sides consent to work together in manner ins which Volkswagen will pay as “the managing celebration of the JV, and Huawei will supply innovation”. The innovation by Huawei consists of software application and chip.

The report likewise discussed that numerous Huawei senior technical personnel would sign up with the brand-new endeavor, consisting of Su Qing, previous senior executive of Huawei’s self-governing driving organization line and head of the business’s clever driving items department.

Huawei has actually embraced a two-pronged method in establishing its vehicle service. As a provider, Huawei offers the entire style or private parts. Second, in Huawei’s Smart Selection mode, the business is establishing designs with auto business, offering vehicles through Huawei’s sales channels, and taking a share of earnings along the method.

In April this year, Huawei Car Business Unit introduced the HI brand name, meant to be a total service for wise cars and trucks, likewise called Huawei Inside Solution. At present, Huawei is working together with BAIC Group, Changan and GAC Motor based upon Inside Solution.

SEE ALSO: Huawei and BAIC Seal Cooperation on Co-Brand’s R&D

In addition to the Inside Solution and extra parts, Huawei has actually likewise begun a wise choice organization, and complied with a vehicle business SERES. According to SERES, the SERES SF5 design got countless orders within a week after the handle Huawei’s Smart Selection. Huawei will likewise comply with SERES to launch another brand-new cars and truck called SERES Auto

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