A new JV between Huawei and Changan announced. It will provide smart solutions for cars.
The post Changan and Huawei unveil “Newcool” joint venture at global partner conference appeared first on CarNewsChina.com.
Category: Changan
Changan’s JV with Huawei tentatively named ‘Newcool’
Under the agreement between the two, Huawei has committed not to engage in the automobile manufacturing business and not to engage in the same business as the new company, Changan chairman said.
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Changan’s Deepal G318 applied for sales license. Specs revealed
The Changan’s Deepal G318 is an EREV medium-to-large off-road SUV with up to 316 kW. It can tow up to 1,600 kg.
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Changan’s Deepal goes global by starting sales in Thailand
The Changan’s Deepal brand started sales of its two EVs in Thailand. The first batch of cars has been shipped to the kingdom.
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Changan, Ganfeng plan to set up JV to develop solid-state batteries
Changan and Ganfeng will set up a joint venture based on equal shareholding to accelerate solid-state battery development and manufacturing.
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Huawei to open hundreds of EV stores in 2024 in China
Many more Huawei automobile storefronts coming soon.
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Changan’s EV unit Avatr plans to list in HK in 2025, report says
Avatr closed a RMB 3 billion Series B financing round in August, bringing its post-investment valuation to nearly RMB 20 billion.
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Avatr 12 sedan started deliveries in China
Avatr is a former Changan - Nio joint venture. Later Nio was replaced by CATL. Avatr 12 has lot sof Huawei tech inside and no rear window.
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Changan’s NEV unit Deepal starts selling 2 models in Thailand
The Deepal S07 and Deepal L07 received 6,452 pre-orders in the first 45 hours after the start of pre-sales, ahead of the start of formal sales.
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Huawei is planning to sell 40% shares in its new smart car firm valued at 35 billion USD
This suggests an overall valuation of the new company soaring to an impressive 500-625 billion yuan (70.17-87.72 billion USD).
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