Changan and Huawei unveil “Newcool” joint venture at global partner conference

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At the Changan Automobile Global Partner Conference on January 16, 2024, Chairman Zhu Huarong delved into the latest developments of the joint venture between Changan and Huawei, shedding light on their collaborative journey. The roots of this collaboration trace back to November 25, 2023, when both companies signed an “Investment Cooperation Memorandum.”

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The newly established joint venture between Changan and Huawei is tentatively named “Newcool,” focusing on seven major areas, including smart driving, intelligent cockpit, smart car digital platform, intelligent car cloud, AR-HUD, and smart car lights. Huawei recently revealed plans to establish a company dedicated to developing, designing, producing, selling, and servicing intelligent automotive systems and components.

Signing of the initial agreement in 2023

Huawei’s new company named Huawei Smart Car Solutions, was recently established with a registered capital of 1 billion yuan. The new car company is located at its headquarters building in Shenzhen with an established date of January 16, 2024. The two companies aim to support this entity in becoming a leader in the global automotive intelligent system and component solutions industry. The new brand company and Huawei do not manufacture vehicles on their own.

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Previous cooperation between the two companies

Changan’s Chairman Zhu Huarong clarified that the Newcool joint venture would not engage in complete vehicle manufacturing, emphasizing a focus on public resource platform development. The initial phase involves Changan and Huawei laying the groundwork and later opening the platform to other automotive enterprises and the wider auto community.

The establishment of the Newcool joint venture signifies a strategic alignment between Changan and Huawei, leveraging their strengths for the benefit of the automotive industry. The HI mode (Huawei’s full-stack integration solution), chosen by Avatr under the joint venture, is hailed as the optimal choice by Zhu Huarong, ensuring compliance with industry regulations and policy requirements and safeguarding user interests.

The joint venture is a natural progression in a series of cooperations between the companies. In the past, Huawei was a supplier for Avatr, the joint venture between Changan and CATL. The Chinese tech giant also helped Changan and CATL develop the CHN platform for Avatr vehicles. Last year, Huawei worked with Deepal (another Changan brand) in developing smart driving solutions.

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The Changan-Huawei collaboration continues to evolve, with the Newcool joint venture poised to drive innovation in smart driving solutions, contributing to the global landscape of intelligent connected vehicles. Interestingly, Huawei also developed four other joint projects: Aito (Huawei & Seres), Luxeed (Huawei & Chery), Stelato (Huawei & BAIC), and a new upcoming Huawei & JAC project, whose name has yet to be revealed. In China, Huawei sells Aito and Luxeed cars via Huawei Flagship stores and their related HIMA stores. The industry eagerly awaits the unfolding chapters of this groundbreaking partnership.

Source:Zaker Baijiahao

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