Huawei Gadget Company Ready to Expand Wings to the Electric Car Industry

Chinese technology company Huawei is reportedly planning to launch several electric car models under its own brand which will be released before the end of this year. The discussion discussed the use of factories owned by the two companies to produce electric xehicle (EV) or electric vehicles. The manufactured EV will target the mass market segment which suggests Huawei's electric car will be sold at an affordable price.The news was obtained from another source who declined to be named because this discussion is private.This plan seems to be one of Huawei's strategies to explore strategic changes after America blocked it for almost two years. However, a Huawei spokesperson denied the company's plans to design EVs or produce Huawei-branded vehicles. If the news above is true, then Huawei's ambition is in line with Beijing's vision to promote environmentally friendly vehicles to reduce air pollution in China. Huawei itself has developed a number of technologies for EVs over the years including in-car software systems, sensors for cars, and 5G communications hardware. In fact, according to Reuters, Huawei has also accelerated the recruitment of engineers for car-related technology since 2018. With all the technology that Huawei has developed in the EV sector coupled with the opportunity to open the gates of America's permits for it, it is not unusual for Huawei to finally want to develop its own EV car.