China’s Huawei Technologies Company announced that it plans to significantly increase its investments in smart-driving technologies, committing more than CNY 70 billion (US$ 10 billion) over the next five years to strengthen its position in China’s fast-growing smart electric vehicle (EV) sector.
Speaking at an event ahead of this year’s Beijing Auto Show (Auto China 2026), Huawei senior vice president Jin Yuzhi announced that the company plans to invest CNY 18 billion (US$ 2.6 billion) globally in smart-driving research and development (R&D) in 2026 alone. This includes CNY 10 billion earmarked for computing power to support AI training.
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Huawei has emerged as a key technology supplier to China’s smart EV industry over the past several years, as advanced driver-assistance systems (ADAS) and connected/intelligent cockpit technologies continued to gain popularity among premium car buyers.
The company has joint ventures and partnerships with a growing number Chinese automakers, including Chery Automobile, BAIC Group, JAC Group, SAIC Motor, Dongfeng Motor, and Seres Group, currently producing 38 smart EV models that will be on display at the show. Its joint ventures are scheduled to launch 17 new models in 2026.
Huawei has technology partnerships with close to 20 local automakers, supplying Top of Formits ADAS and intelligent cockpit systems, including joint ventures with Audi and Toyota.
The company recently unveiled its new Qiankun advanced driver-assistance system, which will make its market debut in a new six-seater flagship SUV model, the X9, under the Epicland brand, which it co-developed with Dongfeng Motor.
