AI Summary27 Apr 202610 Dhuʻl-Qiʻdah 1447 AH
AI Summary
27 Apr 202610 Dhuʻl-Qiʻdah 1447 AH
Huawei looks to invest in smart vehicle technology
Huawei has announced plans to invest CNY 18 billion ($2.6 billion) in R&D for smart driving, aiming to enhance its position in China's expanding EV market. Senior VP Jin Yuzhi stated that CNY 10 billion will focus on computing power for AI training.
The company plans to scale its total spending in this area to between CNY 70 billion and CNY 80 billion over the next five years. At a preview event, Huawei showcased 38 vehicles equipped with its smart driving and intelligent cockpit technologies, including models from Audi and Toyota.
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This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.
Huawei looks to invest in smart vehicle technology
Huawei has announced plans to invest CNY 18 billion ($2.6 billion) in R&D for smart driving, aiming to enhance its position in China's expanding EV market. Senior VP Jin Yuzhi stated that CNY 10 billion will focus on computing power for AI training.
The company plans to scale its total spending in this area to between CNY 70 billion and CNY 80 billion over the next five years. At a preview event, Huawei showcased 38 vehicles equipped with its smart driving and intelligent cockpit technologies, including models from Audi and Toyota.
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This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.
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