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Equity Bottom-Up

<ul><li>The tech giant Huawei Technologies Co. Ltd is to complete the spinoff of its intelligent automotive business unit to become an independent company, Shenzhen Yinwang Intelligent Technology Co.</li><li><p>Huawei’s aim is to solidify its position as a leading smart vehicle supplier amid industry challenges and expanding partnerships.</p></li><li><p>Founded in 2019, Huawei’s car business unit originally said it would not make cars itself, but focus on supplying automotive components, particularly autonomous driving systems, through its Huawei Inside (HI) model.</p></li></ul>

The tech giant Huawei Technologies Co. Ltd is to complete the spinoff of its intelligent automotive business unit to become an independent company, Shenzhen Yinwang Intelligent Technology Co.Huawei’s aim is to solidify its position as a leading smart vehicle supplier amid industry challenges and expanding partnerships.Founded in 2019, Huawei’s car business unit originally said it would not make cars itself, but focus on supplying automotive components, particularly autonomous driving systems, through its Huawei Inside (HI) model.

Huawei to Spin off Smart Car Business Unit to Yinwang by Jan. 1 

Huawei Technology

Huawei to Spin off Smart Car Business Unit to Yinwang by Jan. 1