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Apr 18, 2021

Huawei to Invest $1B in Intelligent Vehicle Solutions, GT Says

Dominic Lau, Bloomberg News

(Bloomberg) -- Huawei Technologies plans to invest $1 billion in intelligent vehicle solutions including major software in 2021, the Global Times said in a tweet Sunday.

The Chinese company will employ 5,000 technicians and engineers to work on the project, it reported, citing Wang Jun, president of Huawei’s intelligent automotive solution business unit.

©2021 Bloomberg L.P.