With its smartphone and 5G business in shambles, Huawei is preparing to challenge car maker Tesla
The company is also apparently contemplating the sale of its sub-brand Honor and if things get uglier, it might exit the smartphone business altogether. Of course, the Chinese company doesn't just make phones, but given that its other cash cow, the networking gear business, is also under threat, it might focus its attention on an entirely new sector. And what might that be? Per a new Nikkei Asia report, the company is planning to enter the auto industry.
Huawei's smart car ambitions date back to 2013
The company's auto wing consists of five categories - smart driving, intelligent network, smart cockpit platform, smart electric, and cloud services.
Huawei's electric car prototype is ready
The manufacturer has reportedly been building up the capacity to make nearly everything required for smart cars.
Xu Zhijun, a rotating chairman of the company has been quoted saying:
It also edited its business registration in August to include production and sales of auto parts and smart driving systems in its business scope .
The company had previously confirmed that HarmonyOS, its cross-platform operating system, will also be installed in in-car entertainment systems. Over 150 car models made by 20 manufacturers currently feature Huawei's HiCar smart cockpit platform, which is similar to Google's Android Auto and Apple's CarPlay.