Jamie Zhang
China's Nio (9866) has opened its electric vehicle charging network to Huawei's Harmony Intelligent Mobility Alliance platform.
One of the consortium's objectives is to let EV manufacturers focus on building vehicles.
Huawei appears to be leading the effort in a bid to bolster its electric vehicle charger unit, Huawei Digital Power Technologies.
The company is seeking to install 100,000 chargers, including ultrafast units, this year.
Meanwhile, Leapmotor's (9863) stock rose nearly 6 percent amid news that its accumulated sales had exceeded 400,000 vehicles.
Founded in 2015, Leapmotor is expanding overseas in partnership with Stellantis, Europe's second-largest carmaker by sales.
Elsewhere in the mainland, China Mobile (0941) and First Automobile Works Group held a signing ceremony for their AI+Action strategic cooperation.
According to the agreement, the two sides will deepen cooperation in artificial intelligence, vehicle-road-cloud integration, overseas business, and vehicle and travel services.
Meanwhile, the US Commerce Department plans to issue proposed rules on connected vehicles next month and expects to impose limits on some software made in China and other countries deemed adversaries, a senior official said Tuesday.
Connected cars have onboard integrated network hardware that allows internet access, allowing them to share data with devices both inside and outside the vehicle.
Alan Estevez, the commerce under secretary for industry and security, said the threat is serious. "A modern car has a lot of software in it. It's taking lots of pictures. It has a drive system. It's connected to your phone. It knows who you call. It knows where you go. It knows a lot about you."
Nio’s ET7 model at the Beijing Auto Show. AFP