Tuesday, 3 December 2024
Home Topics Transport Automotive China’s Huawei launches new brand for intelligent driving
AutomotiveBusinessElectric Vehicles (EVs)News

China’s Huawei launches new brand for intelligent driving

52
FILE PHOTO: The logo of the Huawei Technologies Co. Ltd. is seen outside its headquarters in Shenzhen, Guangdong province, April 17, 2012. REUTERS/Tyrone Siu/File Photo
The logo of the Huawei Technologies Co. Ltd. in Shenzhen, Guangdong province, April 17, 2012. The company has launched a new brand for self-driving system which it hopes will be integrated into various electric vehicles in the near future. REUTERS/Tyrone Siu/File Photo

BEIJING – Chinese tech company Huawei unveiled on Wednesday a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry.

The new brand Qiankun, symbolising a combination of heaven and the Kunlun Mountains, plans to provide self-driving systems involving the driving chassis, audio and driver’s seat, Jin Yuzhi, CEO of Huawei’s Intelligent Automotive Solution (IAS) business unit, said during an event ahead of the Beijing auto show.

“2024 will be the first year for mass commercialisation of smart driving and the cumulative number of cars on road equipped with the Huawei self-driving system will top 500,000 by the year-end,” Jin said.

He also expected within a year more than 10 car models adopting Huawei’s Qiankun system would hit the market.

The Shenzhen-based tech conglomerate launched its smart car unit in 2019 with the aim that it could become the equivalent of German automotive supplier Bosch of the intelligent EV era and supply software and components to partners.

Selling well

Huawei said in November that the unit would be spun off into a new company which would receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

It has also unveiled seven EV models in partnership with Chinese automakers so far and they are selling well, Jin said.

They include three Aito brand models under partnership with Seres, the Luxeed S7 sedan co-developed with Chery, two models with Changan Auto-backed Avatr and one with Beijing Automotive Group (BAIC)-owned Arcfox.

On Tuesday, Huawei also unveiled the S9 sedan, the first model under the premium Stelato brand it launched with BAIC.

Its diversification into EVs comes amid an intensifying price war in the world’s largest auto market, which is grappling with slowing sales momentum and deepening overcapacity concerns as more than 40 brands vie for consumer attention.

Earlier this month, Huawei-backed Aito offered discounts of up to 20,000 yuan ($2,760) on its new M7 SUVs until the end of April.

Related Articles

Embattled US Steel has argued that it needs the Nippon deal to ensure sufficient investment in its Mon Valley plants in Pennsylvania (AFP)
BusinessEconomyIndustryManufacturingPoliticsRegulations

Trump says will ‘block’ Nippon Steel from taking over US Steel

Trump vows to block Nippon Steel's $14.9B US Steel takeover, citing protectionism,...

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementNatural GasOilRegulations

Exxon talks continue on shallow-water block in Guyana auction, company says

Exxon, Hess, and CNOOC continue talks with Guyana on shallow-water block S8...

Login into your Account

Please login to like, dislike or bookmark this article.