CX Daily: Desperate for Smart Driving Tech, State Carmakers Turn to Huawei
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In Depth: Desperate for Smart Driving Tech, State Carmakers Turn to Huawei
China’s state-owned automakers are deepening ties with Huawei Technologies Co. Ltd., turning to the tech giant primarily for its in-car software in a bid to keep up with the rapid transition to smart electric vehicles (EVs).
Long reluctant to surrender control over core vehicle functions, the state carmakers’ strategic shift comes as they grapple with mounting financial pressure and intensifying competition from private sector rivals including BYD Co. Ltd., Geely Automobile Holdings Ltd. and Tesla Inc.
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