Avatr VP Clarifies Huawei Cooperation; Changan and Huawei Sign Comprehensive Strategic Agreement
On August 14, Avatr Technology Vice President Yong Jun clarified that the company's cooperation with Huawei aims to promote industry-wide shared platform technology, not a custom version for Avatr. The Avatr 07L, developed jointly with the Yinwang team, incorporates multiple Huawei technologies. Separately, China Changan Group and Huawei signed a comprehensive strategic cooperation framework agreement in Shenzhen, paving the way for deeper collaboration between Avatr and Huawei.
On August 14, Yong Jun, vice president of Avatr Technology, publicly responded to recent controversy. Yong Jun stated that Avatr and Huawei have deep cooperation, and the original intention was not for Huawei to customize a version exclusively for Avatr, but to promote platform technology shared across the industry. The Avatr 07L was developed under a joint development model, with a joint development mark on the vehicle's B-pillar. The Yinwang team worked alongside Avatr, and the model applies multiple Huawei technologies.
At the top strategic level, China Changan Group and Huawei have signed a full-domain strategic cooperation framework agreement in Shenzhen. Under the agreement, Avatr and Huawei will engage in even deeper cooperation in the future.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for New Energy Vehicles, with intensity 60/100 and 70% confidence over a short term horizon.
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