The telecom-equipment giant will use ‘realistically obtainable’ chipmaking processes to break the crippling U.S. campaign to keep advanced chips out of its hands, said rotating chairman Eric Xu

On September 10, Huawei unveiled a tri-fold smartphone and the AITO M9 five-seater version, highlighting their collaboration with Seres in the automotive sector. Huawei's smart vehicle business model under HarmonyOS Intelligent Mobility has sold 272,000 vehicles by August 2024, with AITO accounting for over 90%. Seres saw a significant financial turnaround in the first half of 2024, with an operating revenue of RMB 65.04 billion and net profits, largely driven by new energy vehicle sales.

While the tech giant’s three other electric vehicle partnerships with auto-makers like Chery have thus far failed to shine, its next steps could put it on track to rival U.S. behemoth Tesla in the China smart car market

The automotive industry in China in 2024 is characterized by increasing internal competition with intense "price wars" due to the rising share of new energy vehicle (NEV) sales and declining gasoline vehicle sales. Major firms like SAIC Motor and BYD are experiencing shifts in market leadership, with NEVs gaining market penetration and traditional fuel vehicle companies facing sales declines and profitability issues. Chinese automakers are actively pursuing overseas expansion amidst external challenges, such as heavy tariffs in Europe, while autonomous driving technology transitions to "end-to-end" architectures.

The Luxeed R7 is available in three versions, with the two premium models equipped with the latest version of Huawei’s Advanced Driving System

The Mate XT folds out to 10.2 inches, around the same size as the Apple iPad Air

China’s smartphone maker to unveil innovative new products just hours after Apple’s It’s Glowtime event

BYD to launch SUV with Huawei’s Qiankun autonomous driving system in third quarter

Seres Group is paying $1.6 billion for a 10% holding in Yinwang Intelligent Technology, a week after a state-owned carmaker made the same deal

Avatr buys in to Yinwang to utilize its smart car technologies and talent

The Stelato S9 was conceived under Huawei’s Harmony Intelligent Mobility Alliance

Automaker tops deliveries among emerging Chinese EV-makers for a third-straight month, following a four-month run in first place by its rival

Domestic AI models are driving a price war, pushing companies to expand into overseas markets where user willingness to pay is higher. ByteDance's TikTok has over 1 billion monthly active users and has implemented various AI features, while its video editing app CapCut has seen 600 million annual downloads. Both startups and major companies face competition and regulatory challenges in international markets, leading to separate releases for domestic and overseas versions of their applications.

Seres plans to deepen its collaboration with the tech giant by taking a stake in Yinwang Intelligent Technology

China’s central bank reaffirms commitment to stabilizing bond market. Huawei sold off Aito’s trademarks and patents to comply with a rule

Construction is nearing completion on vast complex to design next generation semiconductors

The regulation, previously loosely enforced, requires an auto brand be owned by its manufacturer

Interior minister says, ‘We are protecting the central nervous systems of Germany as a business location’

Lidar-maker rejects U.S. allegations of Chinese military ties, Pony.ai, SAIC Motor get green light to operate unmanned robotaxis in Shanghai

Chinese carmaker Seres is spending $344 million on registered or pending trademarks of Aito-related characters and graphics, as well as exterior design patents