Huawei recently announced its intent to invest CNY18 billion ($2.6 billion) in global R&D for smart driving, a move that steps up the company’s efforts to strengthen its position in China’s growing EV market.
Speaking in Beijing ahead of the country’s largest auto show, Huawei senior VP Jin Yuzhi reportedly said CNY10 billion of the sum will be directed toward computing power for AI training. According to Reuters, the Chinese vendor is aiming to scale total spending in the area to between CNY70 billion and CNY80 billion over the next five years.
Huawei reportedly showcased 38 vehicles equipped with its smart driving and intelligent cockpit technologies, including models from Audi and Toyota, at a preview event.
Although automotive remains a smaller part of Huawei’s wider business spanning telecoms, devices and cloud, it is the company’s fastest-growing segment. The vendor’s intelligent automative solution sales surged 72 per cent last year, from around CNY26 billion in 2024 to CNY45 billion in 2025.
Huawei’s overall revenue rose 2.2 per cent to CNY880.9 billion last year.
In its annual report, the vendor highlighted an investment focus on “future-oriented basic research and innovation” in areas including AI, smart devices and intelligent driving solutions.
Source: Mobile World Live
Image Credit: Huawei
Source: Tahawul Tech