Connected Car
However, Huawei officially stated that “the rumors circulating online are not true.”Huawei’s Car Business Unit (BU) was established in 2019. In its 2022 annual report, Huawei stated that the smart car solution business is a long-term strategic opportunity for the company. The revenue generated from Huawei’s smart car solution business in 2022 was ¥2.077 billion ($287 million). However, Huawei’s automotive business is still pushing forward vigorously. Recently, the first pure electric coupe from Huawei Smart Selection Car was revealed.