Huawei to Invest $1 Billion in Electric Cars to Compete with Tesla; China’s Technology Surpasses Elon Musk's Vehicles: "This Is Much Better Than Tesla"

Huawei to Invest $1 Billion in Electric Cars to Compete with Tesla; China’s Technology Surpasses Elon Musk’s Vehicles: “This Is Much Better Than Tesla”

Written by Fabio Lucas Carvalho

Published on 13/04/2021 at 10:50

BYD Han

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Huawei Is Preparing to Fully Enter the Electric Car Industry; Company Seeks Partnership with Automakers

Huawei, the giant Chinese telecommunications company, is preparing to enter the electric car industry and become a strong competitor to Tesla and other companies in the market. Huawei is looking for ways to try to increase its revenue sources. The Chinese giant has suffered significantly from the sanctions imposed by President Trump during the trade war between the giants.

According to Bloomberg, Chinese executives recently stated that the company’s autonomous driving technology is already more advanced than Tesla’s. The driving technology of the Chinese giant is already seen as more advanced than Tesla’s in some aspects. One of the most important is the ability to travel about 1,000 kilometers without any human intervention.

Huawei’s idea is to partner with Chinese automaking companies. The cars will be assembled with Huawei’s branding as a sub-brand. ”The smart car business unit receives one of the heaviest investments from Huawei. We will invest more than US $1 billion in automotive components development this year”, said Xu, an executive at Huawei.

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Technology Superior to Elon Musk’s Vehicles

The Chinese giant is expected to launch its first model as early as April. The electric car will be in partnership with Arfox as HBT, with a launch forecast for April. ”I don’t know if they were bragging, but my team said the cars can drive themselves without human intervention for 1,000 kilometers. That is much better than Tesla”, said Xu.

Huawei to Invest $1 Billion in Electric Cars to Compete with Tesla; China’s Technology Surpasses Elon Musk’s Vehicles: “This Is Much Better Than Tesla”

Huawei Is Preparing to Fully Enter the Electric Car Industry; Company Seeks Partnership with Automakers

Technology Superior to Elon Musk’s Vehicles

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Neither human nor dinosaur: ancestral skeleton nearly 1,000 years old found on eroded road in Australia intrigues archaeologists by the way it was buried

Bolivia requests a plane from the Lula government to distribute humanitarian aid amid protests, roadblocks, fuel shortages, and food scarcity in cities like La Paz.

Huawei to Invest $1 Billion in Electric Cars to Compete with Tesla; China’s Technology Surpasses Elon Musk’s Vehicles: “This Is Much Better Than Tesla”

Huawei Is Preparing to Fully Enter the Electric Car Industry; Company Seeks Partnership with Automakers

Technology Superior to Elon Musk’s Vehicles

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Scientists discover why gold remains unrusted for thousands of years and reveal atomic reorganization that reduces reaction with oxygen by up to 1 trillion times

A gigantic piece weighing 300 tons, equivalent to two Statues of Liberty, was hoisted almost 100 meters high in the interior of Mato Grosso do Sul to complete the largest recovery boiler in the world inside the R$ 23 billion megafactory of cellulose.

Magazine Luiza sells R$ 50 billion, but Havan profits better: Luciano Hang’s company reaches R$ 3.4 billion in profit and highlights the difference in Brazilian retail.

Brazil’s external debt rises to US$ 416.976 billion in April, says Central Bank, while investments in stocks see an inflow of nearly US$ 1 billion.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Neither human nor dinosaur: ancestral skeleton nearly 1,000 years old found on eroded road in Australia intrigues archaeologists by the way it was buried

Bolivia requests a plane from the Lula government to distribute humanitarian aid amid protests, roadblocks, fuel shortages, and food scarcity in cities like La Paz.