Battered by US sanctions, China's Huawei plans strategic shift into EVs

Battered by US sanctions, China's Huawei plans strategic shift into EVs

REUTERS/Hannibal Hanschke/Files

China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker, battered by U.S. sanctions, explores a strategic shift.

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