China's SAIC to partner Huawei in development of smart EVs

Two companies to cooperate on manufacturing, supply chains and sales

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Strategic cooperation between SAIC and Huawei will leverage their respective advantages and promote China's automotive industry in the AI era, SAIC said in a statement. 

BEIJING (Reuters) -- Chinese automaker SAIC Motor said on Friday it would partner with tech company Huawei to develop new "globally competitive" smart electric vehicles.

The tie-up sees yet another state-owned automaker betting on partnerships with Huawei, which has risen to prominence as a supplier of smart driving technologies, to boost EV sales.

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