Huawei unveiled new software brand for intelligent driving
Chinese tech company Huawei unveiled on Wednesday (April 24) a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry.
At an event held ahead of the Beijing auto show, Jin Yuzhi, CEO of Huawei's Intelligent Automotive Solution (IAS) business unit, announced plans to provide self-driving systems involving the driving chassis, audio system, and driver's seat under the new brand Qiankun, which combines the symbols of heaven and the Kunlun Mountains.
"2024 will be the first year for mass commercialization of smart driving and the cumulative number of cars on road equipped with the Huawei self-driving system will top 500,000 by the year-end," Jin said.
He also expected within a year more than 10 car models adopting Huawei's Qiankun system would hit the market.
The Shenzhen-based tech conglomerate launched its smart car unit in 2019 with the aim that it could become the equivalent of German automotive supplier Bosch of the intelligent EV era and supply software and components to partners.
Huawei said in November that the unit would be spun off into a new company that would receive the unit's core technologies and resources and take investment from partners such as automaker Changan Auto.
It has also unveiled seven EV models in partnership with Chinese automakers so far and they are selling well, Jin said.
They include three Aito brand models under the partnership with Seres, the Luxeed S7 sedan co-developed with Chery, two models with Changan Auto-backed Avatr and one with Beijing Automotive Group-owned Arcfox.
On Tuesday, Huawei also unveiled the S9 sedan, the first model under the premium Stelato brand it launched with BAIC.
Its diversification into EVs comes amid an intensifying price war in the world's largest auto market, which is grappling with slowing sales momentum and deepening overcapacity concerns as more than 40 brands vie for consumer attention.
Up until the end of April, Huawei-backed Aito offered discounts on its new M7 SUVs of up to 20,000 yuan (US$2,760).
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