The latest speculation surrounding German carmaker in Volkswagen has gone on to claim that it happens to be in talks with Huawei for the possible acquisition of the brand’s autonomous vehicle unit. The autonomous driving unit of Huawei is indeed a rather fast evolving enterprise which draws massively from Huawei’s rich vein of technology as well as its proprietary products in the autonomous driving evolution that it has. The deal all in all is expected then worth several billion euros – in accordance with what sources have gone on to claim.
Although Huawei has ended up staying rather quiet on the matter, this situation could prove out to be a win win for both the brands, due to the fact that Huawei continues to fight off the strong US resistance that comes in the form of harsh sanctions being placed – which of course have led to Huawei having very limited capacity to work as a global player. The sanction regime then has indeed led to the company diversifying its operations – which has then led to it setting up a raft of businesses dealing in rather diverse products. Volkswagen China though has not made any statement in respect of the news.
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Since that of 2019, Huawei has created the autonomous driving unit, which has ended up growing rather rapidly, tapping in from the rich resource technology which has been available from Huawei, however, at the very same time then, there also has been speculation that Huawei may end up developing its autonomous vehicle itself. However, overall, Huawei’s goal is actually to be a component supplier for different car brands all across the globe.
Volkswagen of course has been in the pursuance of electric vehicle dominance with some of its latest partnerships that it entered into. And this affiliation with Huawei is its very latest attempt to turn right into an electric car giant.
