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Huawei seeks to control the entry of Jihu / Jinkang to build cars? Here comes the latest response.

2024-05-16 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)04/29 Report--

During the Shanghai International Auto Show, although Tesla grabbed a lot of heat because of the rights incident, thanks to the accession of Huawei, BAIC ARCFOX and Jinkang Selis also attracted a lot of attention, so that BAIC Blue Valley and well-off shares rose by the daily limit many times.

According to media reports, Huawei is seeking to control almost ARCFOX, an electric vehicle brand owned by BAIC Langu, and is expected to close the deal as soon as July.

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Huawei is one of the partners supported by software for BAIC's polar fox ARCFOX models. At the Shanghai auto show, which opened not long ago, the BAIC polar fox ARCFOX brand brought the ARCFOX α S Huawei HI version, which is in deep cooperation with Huawei, with an advance price of 38.89-429900 yuan. It is understood that the model is equipped with Huawei self-driving technology, equipped with Huawei smart car solution, integrated Huawei intelligent high-order autopilot system, Hongmeng OS Smart + connected cockpit and so on. This model represents Huawei's highest level of self-driving at present.

Thanks to the participation of Huawei, BAIC polar fox ARCFOX, which does not have much sense of existence in the market, has attracted great attention in an instant, and the stock has also triggered the limit many times.

In addition to BAIC's polar fox ARCFOX, there are other media reports that Huawei is in talks with Xiaokang about a controlling stake in Chongqing Jinkang New Energy vehicle, a move that will enable Huawei to own its own brand of smart cars.

Like BAIC's polar fox ARCFOX, Huawei is also one of the partners of Cyrus, a subsidiary of Jinkang New Energy. At the Shanghai auto show, Huawei unveiled its first smart car, the Sellis Smart SF5, which locates the high-performance electric-drive sedan SUV, and offers two-wheel-drive and four-wheel-drive models priced at 216800 yuan and 246800 yuan, respectively. The car has been sold on Huawei's official website and will also enter Huawei stores and flagship stores.

According to the data, Selis sold only 732 vehicles in 2020 and 150 in the first quarter, of which 54 were sold in March, with an average monthly sales of about 50, which can be said to be a marginal car brand / product. However, thanks to the participation of Huawei, the popularity of Cyrus Huawei's smart selection of SF5 has gone up, ordering more than 3000 cars in two days, and the stock price has also triggered the limit many times. It can be said that it is the cooperation with Huawei that both BAIC polar fox ARCFOX and Jinkang Selis have achieved good results, which also confirms Huawei's recognition in the market.

Zhang Xiang, an auto industry analyst, said: "it is possible for Huawei to control the ARCFOX brand. First of all, the first production car launched by the ARCFOX brand was not successful, and the second car chose to cooperate with Huawei to gain more attention. In addition, due to the limited popularity, influence and strength of the ARCFOX brand, BAIC Blue Valley does not rule out the possibility of selling the ARCFOX brand to Huawei. Second, the current domestic car overcapacity, electric vehicle brands are also many, the market valuation of the ARCFOX brand is not very high, Huawei chose to control the ARCFOX brand at this time the cost is very low, the timing is also very appropriate, strategic feasibility is very high. "

However, the relevant parties have denied the relevant reports. Huawei responded: "there is no such thing." In its partnership with BAIC's polar fox brand, Huawei provides a full-stack smart car solution in the Huawei Inside model, under which the two sides launched the first model, the polar fox Alpha S Huawei HI version, which was unveiled at the Shanghai auto show and Huawei's role as a parts supplier. " People related to Xiaokang shares said that it was a business cooperation with Huawei and explicitly denied that Huawei would control or take a stake in Jinkang New Energy.

At present, Huawei, BAIC and Xiaokang have launched corresponding brand models. According to previous reports, in addition to the above two car companies, Huawei will also cooperate with Changan Automobile and GAC GROUP, and will also launch joint venture brands in the future.

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