logo munafa.us

NEWS Gainers Losers
 Learn then Earn

 story : Chinese telecom giant Huawei plans on billion bet on electric, autonomous cars: report #FinanceUSA #StockMarketNEWS Chinese telecom Huawei Technologies Co. plans to spend billion in self-driving

@stockMarketNEWS Tue 13 Apr, 2021

Posted in: #FinanceUSA #StockMarketNEWS

Chinese telecom giant Huawei plans on billion bet on electric, autonomous cars: report #FinanceUSA #StockMarketNEWS
Chinese telecom Huawei Technologies Co. plans to spend billion in self-driving and electric cars, teaming up with Chinese auto makers to bring to market cars that would bear its logo, Bloomberg reported Monday. Huawei executives said at an event in China that the telecom's autonomous-driving technology has already surpassed Tesla Inc.'s in some areas, such as self-driving for more than 600 miles without human intervention, Bloomberg said. Huawei is keen on finding new revenue sources, still reeling from sanctions imposed during the Trump administration that didn't go away with the Biden administration. Huawei also follows a similar path as Chinese tech giant Xiaomi Corp. and, in the U.S., Apple Inc. , and would also go alongside local electric- and autonomous-car makers Nio Inc. and Xpeng Inc.


Munafa USA Munafa India Munafa NSE


Report

Munafa ebook, learn stock market trading

0 Comments

Sorted by latest first Latest Oldest Best

 Learn then Earn
Back to top | Use Dark Theme