Huawei deepens dive into EVs, seeks control of small automaker

Huawei deepens dive into EVs, seeks control of small automaker

FILE PHOTO: People check a Seres Huawei Smart Selection SF5 electric vehicle (EV) displayed during the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song

China’s Huawei Technologies is in talks to take control of a small domestic automaker’s electric vehicle unit, two people with direct knowledge of the matter said, in what is seen as a strategic shift for the world’s largest telecom equipment maker.

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