Automakers

Huawei's new smart car unit said to be valued at up to $35B

Huawei building
(REUTERS)
R
By:
Reuters
November 29, 2023 09:20 AM

HONG KONG -- Huawei Technologies' new smart car software and components company is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan, three people with knowledge of the matter said.

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