JAC, Huawei Team Up to Make Smart EVs
Huawei Technologies Company is allegedly working on luxurious vehicles alongside Anhui JAC Ltd. This indicates that Huawei is becoming more engaged in the automotive supply network in order to increase its earnings. According to information posted on the CSCEC website, one of its companies was a member of an association that received a 1.5 billion yuan ($215.4 million) contract for engineering, procuring and constructing an industrial park for new energy vehicles in Hefei, Anhui Province. Yu Chengdong stated that there are no intentions for Huawei to manufacture electric vehicles. It is collaborating with Jianghuai Automobile Group Co. Ltd. to improve…