Avatr Completes $1.6B Investment in Huawei for 10% Yinwang Stake
The cooperation between Avatr and Huawei began in January 2019. Over the past six years, it has evolved from the initial HI (Huawei Inside) model to the upgraded HI PLUS model.
Latest in EV news, technologies, data and insights from China market
The cooperation between Avatr and Huawei began in January 2019. Over the past six years, it has evolved from the initial HI (Huawei Inside) model to the upgraded HI PLUS model.
The OTA’s intelligent driving upgrades focus on ADS 4, including new WEWA architecture, Parking-to-Parking 2.0, “Parking Butler” service, and the debut of driver incapacitation assistance.
If the Hong Kong listing process proceeds smoothly, it will bring new momentum to the AVATR brand.
In some pilot projects, the new framework has been referred to as ‘HI Plus,’ which differs from the ‘Smart Selection’ pathway where Huawei leads brand marketing.
Jin Yuzhi believes that while assisted driving fees may seem like a one-time charge, companies must continuously iterate, provide OTA updates, and invest throughout the vehicle’s entire lifecycle.
Avatr plans to roll out updated models 06, 07, and 12 with promotional incentives over two months, introducing advanced driving systems and battery enhancements.
AVATR will launch its products and develop channels in Egypt within three months, marking its entry into Africa and expanding its global presence to 25 markets.
In April 2025, China’s automotive market experienced fluctuations, with Leapmotor leading in new energy vehicle sales. Major brands like NIO, XPeng, and Li Auto saw varying performance amidst competitive dynamics.
A Chinese blogger claimed to have conducted aerodynamic tests on the Avatr 12, showing significant discrepancies with official data, prompting heated online debate and Avatr’s official refutation.
A Chinese blogger challenged Avatr’s drag coefficient claims, revealing a significantly higher measurement, which prompted responses from both Avatr and Elon Musk, leading to public skepticism.