On August 20th, AVATR Technology, a subsidiary of Changan Automobile, signed a "Share Transfer Agreement" with Huawei, agreeing to purchase a 10% stake in Shenzhen Yinwang Intelligent Technology Co., Ltd., held by Huawei, with a transaction amount of 11.5 billion yuan. Upon completion of the transaction, AVATR Technology will hold a 10% share in Yinwang, while Huawei will retain 90%. Consequently, AVATR Technology will become the first company to invest in Shenzhen Yinwang.

In fact, Changan Automobile has had multiple strategic cooperations with Huawei before. Currently, the two parties are working together to capture the most mainstream automotive market under 200,000 yuan, promoting high-level intelligent driving to electric vehicle products at the 200,000 yuan level, to build more intelligent cars than Tesla. On July 25th, the Deepal S07, a high-level intelligent driving vehicle model under 200,000 yuan jointly launched by Deepal and Huawei, was officially launched. In addition, the upcoming Deepal L07 will also be equipped with Huawei's Qian Kun intelligent driving system, the Deepal S05 will introduce Huawei's DLP (Digital Light Processing) headlight technology, and models such as the Deepal G318 are also expected to integrate Huawei's latest technological achievements.

This year, VOYAH and M-TECH under Dongfeng Motor have successively signed strategic cooperation agreements with Huawei. On August 15th, the first cooperation model between VOYAH and Huawei, the new VOYAH Dream, was officially unveiled, and the new model has thus become the first MPV in China equipped with Huawei's Qian Kun intelligent driving and HIMA cockpit.

The third is the Smart Car model, that is, Huawei Harmony Intelligent Mobility Alliance (HIMA) cooperates with four companies, including Seres, Chery, BAIC, and JAC, to build cars, and has created four-brand matrix: AITO, LUXEED, STELATO, and MAEXTRO, establishing an automotive ecological alliance. Recently, with the delivery of the STELATO S9, a smart flagship sedan equipped with Huawei's ADS 3.0 intelligent driving system, on August 6, AITO, LUXEED, and STELATO models have all been launched to the market. The first model of MAEXTRO, a cooperation between HIMA and JAC, is planned to be launched in the first quarter of next year. It is positioned as a luxury model at the million-yuan level and will be equipped with new high-end configurations, including the HIMA cockpit.