Economic Observer Network reporter Zhou Ju Huawei once again issued a statement, hoping people believe that they really have no intention of building a car. On May 24, on the Toutiao creator platform, Huawei Group’s official account issued a “Statement on Huawei’s Not Building Cars”, reiterating that Huawei does not build cars, nor will it invest, control, or participate in any car companies, and emphasized that, The long-term strategy of “Huawei does not build cars” has been made clear in 2018 without any changes. “So far, we have not invested in any car companies. In the future, we will not invest in any car companies, let alone holding or participating in shares. From now on, all discussions that Huawei builds cars or participates in the auto manufacturing industry are rumors. Don’t be credulous. “Huawei said in the “Statement” that the release of the statement is considered to be a response to the recent recurring rumors about its car building. According to incomplete statistics from a reporter from the Economic Observer Network, this is at least the seventh time that Huawei has officially announced or stated that it will not build a car in the past three years. After the announcement of the “no-car statement”, Huawei’s auto concept stocks fell. As of today’s close, half of the 32 concept stocks have fallen. Among them, BAIC Blue Valley and Changan Automobile dropped their stops. BAIC Blue Valley closed at 17 yuan per share, down 10.1%; Changan Automobile closed at 22.5 yuan per share, down 10%. In addition, the shares of Xiaokang and Guangzhou Automobile Group, which also have a cooperative relationship with China, also fell 6% and 4.3% respectively. Prior to this, the stock prices of these stocks once rose sharply because of their partnership with Huawei. Among them, BAIC Blue Valley climbed from 8 yuan per share at the beginning of April this year to a maximum of 19.87 yuan on May 20, which more than doubled. Chang’an Automobile climbed from around 14 yuan per share at the end of March to the highest of 25.5 yuan on May 19, and the daily limit was repeated many times during this period. Well-off shares have risen from more than ten yuan per share at the beginning of the year to nearly 70 yuan. On May 21, they closed at 57.67 yuan, and their market value soared to more than 70 billion yuan. Huawei’s statement has “disappeared” the recent scandals about its car making with BAIC Blue Valley and Changan Automobile. Recently, there have been reports that Huawei is trying to acquire the electric vehicle division of local automakers, including seeking to control the electric vehicle brand of BAIC Blue Valley New Energy Technology-Arcfox ARCFOX. The report quoted a BAIC Blue Valley insider who asked not to be named as saying that Huawei is unlikely to have a controlling stake in BAIC Jihu, and it is more likely to become a shareholder. As for Changan Automobile, according to Reuters, a person familiar with the matter disclosed that Huawei is expanding its cooperative relationship with Changan, and the two may soon establish a chip development joint venture. But then Changan Automobile denied it, and Huawei stated that the news from Changan Automobile prevails. Although the “Statement” issued by Huawei today did not give a direct explanation on whether it will cooperate with Changan on chips, Huawei’s resolute statement of “not building cars” also cools the possibility of cooperation between the two. With the release of Huawei’s “Statement”, BAIC Blue Valley and Changan Automobile have also become the partners of Huawei with the largest decline. However, despite the statement that it will not build cars, Huawei stated in the “Statement” that it has selected three car companies, namely BAIC, Changan and Guangzhou Automobile, as strategic partners to support them in building their respective sub-brands. Cars that use Huawei’s autonomous driving solution can only use the HI logo with Huawei’s authorization, which represents Huawei Inside. On May 20, Changan Automobile announced that its holding subsidiary, Changan Weilai, was renamed Avita Technology. After the name change, Avita Technology will be fully market-oriented, and will create a smart electric networked vehicle platform with Changan Automobile, Huawei and CATL. At the Shanghai International Auto Show in April this year, the Polar Fox Alpha S Huawei HI version, which Huawei cooperated with BAIC New Energy, was launched. This is the first car that Huawei has deeply participated in as a supply chain company. This car is equipped with Huawei’s L4 level of unmanned driving technology, which can achieve 1000 kilometers of autonomous driving without intervention in the urban area. Regarding the cooperation between Huawei and Jincon Sailus, a subsidiary of Chongqing Xiaokang Group, Huawei stated that the company is a supplier of electric components for Celes SF5 and HiCar cockpit components. At the same time, in order to solve the problem of survival of Huawei authorized mobile phone retail stores in the situation where Huawei’s mobile phones are greatly reduced, Huawei supports some retail stores to sell this car, and retail stores can also obtain corresponding benefits. Currently, Huawei’s mobile phone business has experienced a significant decline. According to the smartphone shipment data of the Chinese market in the first quarter of 2021 released by the research organization Counterpoint Research, Huawei has fallen from the original number one to the fifth, with only 13.4% of the market share left. Under this circumstance, Huawei’s need to develop new business segments and sources of profit is more urgent, and smart auto parts are considered to be an important new business segment it is targeting. At the same time, there are reports that Huawei can get a share in the sales of Cyrus SF5, including 10% of sales and 7%-8% of dealers. Statistics show that the sales volume of Cyrus SF5 continues to increase after entering the Huawei Mall, with orders for more than 6,500 vehicles. Huawei has repeatedly expressed its desire to become the “Bosch” in the era of smart electric vehicles. “We believe that what the industry needs is not Huawei branded cars, but Huawei’s accumulated ICT technology capabilities for more than 30 years to help car companies build future-oriented cars, that is, to provide car companies with intelligent networked cars based on Huawei’s ICT capabilities. Parts.” Huawei said in a statement. However, it is worth noting that although Huawei has refuted rumors about building a car several times, there are still views that this does not help Huawei not to build a car. After all, 17 years ago, Huawei said “resolutely not to make mobile phones,” and its firm attitude is exactly the same as that of today’s saying not to build cars. According to the data, before the release of this statement, Huawei had stated at least six times that it would not build a car. In January 2019, Huawei founder Ren Zhengfei stated for the first time that “Huawei will never build a car, and never build a car”; in May 2019, Ren Zhengfei denied the rumors of building a car, saying that “Huawei will not switch tracks casually”; October 2019 , Huawei’s rotating chairman Xu Zhijun stated at the World Intelligent Connected Cars Conference, “Huawei does not build cars, and is committed to becoming an incremental component supplier for intelligent connected cars”; October 2020, President of Huawei Smart Car Solutions BU Wang Jun stated at the mobile phone new product launch conference, “Huawei does not build cars, but helps car companies build good cars”; in November 2020, Huawei stated in an internal document that “Huawei does not build complete cars” and proposed “who in the future? Proposal to build a car again, interfere with the company, be transferred to another position, and find another job”; and a month ago, in April 2021, Xu Zhijun just reiterated “Huawei does not build cars” at the Huawei Global Analyst Conference. On the other hand, in response to repeated prohibitions on “car manufacturing rumors”, Huawei has never stopped investing in the automotive business during the past few years, and the number of automotive-related patents has gradually increased, and it has begun to develop in-depth cooperation with car companies.
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