Avatr signs deal to become 2nd-largest shareholder in Huawei’s auto unit Newcool
Newcool's business scope will cover full-stack solutions for smart cars and is expected to grow into China's largest smart car solution…
Avatr to acquire 10% stake in Huawei’s parts unit Newcool for $1.6 billion
After the transaction, Avatr will hold a 10 percent stake in Newcool, while Huawei will hold 90 percent.
Avatr to unveil limited-edition model Avatr 012 on Aug 20
The Avatr 012 is expected to be based on the Avatr 12 electric sedan to target fashion-conscious potential customers.
Avatr cancels its last directly-managed stores, shifts fully to dealer model, report says
Previously, 90 percent of Avatr's stores have been converted from directly-managed stores to dealerships, with only a few directly-managed…
Avatr enters UAE auto market by partnering with local dealer
Avatr will enter more than 40 countries in Southeast Asia and the Middle East, aiming to open more than 90 officially authorized stores and…
Avatr teases new model Avatr 07, pivots to EREVs to boost sales
The Avatr 07 will be Avatr's third model after the Avatr 11 SUV, Avatr 12 sedan and will be its first model that will be offered in both BEV…
HiPhi may have struck restructuring deal with Changan’s EV arm Avatr, report says
Avatr has approached HiPhi and may have struck a partnership deal, with the two now reorganizing their teams, according to local media.
Changan’s EV arm Avatr launches updated Avatr 12 electric sedan with 11.6% lower starting price
The Avatr 12 uses Huawei's Huawei Inside solution, featuring some components and assisted driving feature from the tech giant.
Changan’s EV unit Avatr offers new variant of Avatr 11 SUV at $6,970 price reduction
Avatr is offering a new version of its Avatr 11 SUV available for this month only at a starting price of RMB 250,000, down from RMB 300,000…
Production issues with Huawei computing unit hit some Chinese automakers, report says
The computing unit, called the MDC 810, powers advanced driver assistance systems, according to Reuters.