【buddishm and eroticism】
Huawei is buddishm and eroticismplanning to spin off the firm’s automotive business unit at a valuation of RMB 250 billion ($35 billion), seeking funds from the government of China’s southwestern municipality of Chongqing and state-owned automaker Changan Automobile. Sources informed Chinese financial media outlet Yicai, reported on Thursday, that Chongqing’s state assets regulator, the city’s state-owned assets supervision and administration commission, will be the biggest shareholder of Huawei’s Intelligent Automotive Solution (IAS) business unit. Meanwhile, Chongqing-based Changan, a manufacturing partner of Ford and Mazda, will obtain 15% of shares in the entity for RMB 37.5 billion, making it the sole carmaker participating in the financing, the report said. Changan has collaborated with Huawei for years, jointly establishing Avatr, a premium electric vehicle brand, with Chinese battery supplier CATL back in late 2020. A Changan spokesperson denied the report to Yicai on Friday. Huawei did not respond to TechNode’s requests for comment. [Yicai, in Chinese]
Search
Categories
Latest Posts
How to quit social media: This Gen Z
2025-06-27 04:29Denny's tweeted about eating babies because Beyoncé broke everything
2025-06-27 03:09These machines are testing human drivers’ skills with no mercy
2025-06-27 02:49The Price is Wrong: This is What GPUs Should Have Cost
2025-06-27 02:48Amazon Kindle Paperwhite Kids: $139.99 at Amazon
2025-06-27 02:41Popular Posts
Bryan Singer explains why the X
2025-06-27 02:56Best spring break deal: Southwest flights start at just $69
2025-06-27 02:13Popular Articles
Trump who? Tech giants join massive effort to uphold Paris Agreement
2025-06-27 04:55Facebook announces new AI imagery systems
2025-06-27 04:53Beyoncé graciously shares even more photos from her pregnancy shoot
2025-06-27 03:13Best Apple Watch Ultra 2 deal: Save $60 at Best Buy
2025-06-27 02:39Newsletter
Subscribe to our newsletter for the latest updates.
Comments (814)
Creative Information Network
Apple is advertising on Elon Musk's X again
2025-06-27 04:43Exquisite Information Network
Uber is pretty much throwing in the towel in Taiwan
2025-06-27 03:22Impression Information Network
'The 100' Season 4, Episode 1: Echoes
2025-06-27 02:33Belief Information Network
Donald Trump is being a total 'mean girl' to world leaders right now
2025-06-27 02:30Global Information Network
Lions vs. Commanders 2025 livestream: Watch NFL Playoffs for free
2025-06-27 02:12