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Carmaker Changan Joins Hands with Huawei, CATL to Create Premium Smart Car Brand

An Limin and Ding Yi / Nov 16, 2020 06:54 PM / Business & Tech

China’s state-owned carmaker Changan Automobile has announced plans to work with Huawei and Tesla battery supplier Contemporary Amperex Technology (CATL) to create an upscale smart vehicle brand, a move that came as some domestic automakers have scrambled to launch their high-end new energy vehicle brands in competition with Tesla, which is gaining ground in China with its popular Shanghai-built Model 3 sedans.

On Saturday, Changan said that the yet-to-be-launched premium brand will encompass an intelligent electric vehicle platform and a series of smart car-related products, but did not specify whether Huawei and CATL will pour money into Changan in exchange for a stake in the carmaker.

On the same day, Changan also unveiled its new vehicle manufacturing platform named Ark Architecture, with cars built on the platform being able to achieve high level self-driving capabilities.

The tripartite cooperation reflects Huawei’s ambition to push into the auto industry by connecting its hardware and software with internet-connected smart vehicles.

In September, Huawei launched two new-generation computing platforms for smart driving called the Mobile Data Center (MDC) 210 and the Mobile Data Center 610. The MDC 210 features computing power of 48 trillion operations per second (TOPS), enabling Level 2 autonomy, while the MDC 610 promises a processing speed of 160 TOPS, supporting Level 3 and Level 4 autonomy.

Meanwhile, Fujian-based CATL is also exploring new businesses to diversify revenue. The company said in an August stock filing that it plans to invest as much as 19 billion yuan ($2.73 billion) in both upstream and downstream industrial chains in an effort to secure key resources in the electric vehicle industry and accelerate its global expansion.

Contact reporter Ding Yi (yiding@caixin.com)

Related: China’s Changan Automobile to Mass-Produce ‘Driverless’ Cars Later This Month

 


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