Posted inChina

Huawei targets Tesla, investing US$1bn in EVs

Despite being under siege from US sanctions, Huawei has decided to take on one of the most high-tech, advanced rivals in the world — none other than Tesla Inc. According to a report in Bloomberg, Huawei Technologies will invest US$1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s […]