Friday, March 6, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

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

by Index Investing News
April 2, 2023
in Stock Market
Reading Time: 2 mins read
A A
0
Home Stock Market
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
Previous Post

March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs – Mining Bitcoin News

Next Post

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

Related Posts

Motley Fool Review-Staging – Wall Street Survivor

Motley Fool Review-Staging – Wall Street Survivor

by Mark Brookshire, MBA
March 5, 2026
0

March 1, 2026 Replace: Our CEO, Mark Brookshire, had the nice pleasure final week to interview David Gardner, co-founder of...

RM plc 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:RMLPF) 2026-03-05

RM plc 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:RMLPF) 2026-03-05

by SA Transcripts
March 5, 2026
0

This text was written byObserveIn search of Alpha's transcripts staff is liable for the event of all of our transcript-related...

Resideo Technologies, Inc. (REZI) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Resideo Technologies, Inc. (REZI) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

by SA Transcripts
March 4, 2026
0

Comply withPlay Earnings NamePlay Earnings Name Resideo Applied sciences, Inc. (REZI) Morgan Stanley Know-how, Media & Telecom Convention 2026 March...

Community Reinvestment Act Criteria for Credit

Community Reinvestment Act Criteria for Credit

by Mark Brookshire, MBA
March 4, 2026
0

When banks consider the place to direct their neighborhood funding {dollars}, one query rises to the highest: Is that this...

The momentum trades of 2026 are breaking with gold, silver and South Korea down big

The momentum trades of 2026 are breaking with gold, silver and South Korea down big

by Sarah Min
March 3, 2026
0

TOPSHOT - A saleswoman adjusts gold jewelry on the market at a store in Lianyungang, in China's jap Jiangsu province...

Meet the New AI Wealth Wizard on Wall Street Survivor

Meet the New AI Wealth Wizard on Wall Street Survivor

by Alaana Kumar
February 28, 2026
0

Constructing a diversified portfolio simply obtained an entire lot simpler. The brand new AI Wealth Wizard in Wall Road Survivor...

Next Post
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

Monthly Dividend Stock In Focus: Boston Pizza Royalties Income Fund

Monthly Dividend Stock In Focus: Boston Pizza Royalties Income Fund

Positive Breakout: These 13 stocks cross above their 200 DMAs

Positive Breakout: These 13 stocks cross above their 200 DMAs

March 6, 2026
Scaling agentic AI means trusting your data – here’s what most CDOs are investing in

Scaling agentic AI means trusting your data – here’s what most CDOs are investing in

March 6, 2026
Anxiety grows among California Democrats as gubernatorial candidates rebuff calls to drop out

Anxiety grows among California Democrats as gubernatorial candidates rebuff calls to drop out

March 6, 2026
One in seven high street businesses ‘have gone cashless in the past year’

One in seven high street businesses ‘have gone cashless in the past year’

March 6, 2026
2 Monthly Dividend REITs to Buy Now

2 Monthly Dividend REITs to Buy Now

March 6, 2026
Kristi Noem out at U.S. Department of Homeland Security

Kristi Noem out at U.S. Department of Homeland Security

March 5, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Positive Breakout: These 13 stocks cross above their 200 DMAs

Scaling agentic AI means trusting your data – here’s what most CDOs are investing in

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times 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