Xu also said that the company would initially collaborate with three automakers to produce self-driving cars with the Huawei name as a sub-brand. This is apparently akin to how Intel has its logo on PCs. Huawei’s three partners are BAIC Group, Chongqing Changan Automobile Co, and Guangzhou Automobile Group Co.
Naturally, Huawei is very optimistic about its chances in the Chinese market.
“China adds 30 million cars each year and the number is growing. Even if we don’t tap the market outside of China, if we can earn an average CNY 10,000 (~RM 6,315) from each car sold in China, that’s already a very big business for Huawei,” Xu said.
But it may soon find itself in a very crowded market. Rival Chinese smartphone maker Xiaomi is already working on a smart electric vehicle (EV). And Chinese search giant Baidu has partnered with Geely to make electric cars as well.