"Huawei's Yu Chengdong: The new company has invited the "Four Realms" and hopes that FAW Group will join

On November 28th, Yu Chengdong, Executive Director and Chairman of the Intelligent Automotive Solutions BU of Huawei, stated that Huawei has issued open invitations for equity to Saic Motor, Chery, JAC, and BAIC, and hopes that FAW Group will join. Previously, Huawei planned to establish a new company focusing on the research and development, production, sales, and service of intelligent driving systems and incremental components for connected smart cars. At the same time, products from BAIC and JAC are already in the process of development."