Huawei
Huawei and Luxshare may battle for best smart car solutions provider
Huawei is currently one of the best smart car solutions providers in China but it may soon face competition from Luxshare. A new report says that the Chinese automobile market might see a dynamic showdown between Huawei and Luxshare in the future.
Luxshare Precision Industry is a popular electronic components maker in China. It designs PC cables, antennas, power cords, precision metal, and other electrical parts.
The firm is also popular for automobile parts and one-stop EV solutions. It provides cockpit, vehicle dynamics, smart driving, and various other smart car solutions.
Luxshare Precision hasn’t seen as aggressive growth in the Chinese auto market as its rivals. Most companies prefer Huawei, BYD, and other leading suppliers. However, Luxshare may soon snatch a space among these top solution providers.
As per DigiTimesAsia, Luxshare Precision may benefit from those Chinese automobile firms that refused to collaborate with Huawei. Many EV makers consider Huawei to be the best provider of advanced driving solutions. But a few are still far from it.
Market sources reveal that Luxshare could soon provide solutions to Chinese car firms that are moving away from Huawei. It is expected to deliver more dependable, powerful, and secure driving solutions than other solution suppliers.
Will it impact Huawei?
Huawei continues to partner with new automakers. The company is in the news for providing high-end smart car solutions to models like Audi A5, Voyah Dreamer, BYD Leopard 8, and more. It is also making new brands with its automobile partners. The latest example is the MAEXTRO which will go official in 2025.
The tech giant is also working on upgrading its driving solution with cutting-edge technologies and more advanced features. After the Qiankun series with ADS 3.0, the company plans ADS 4.0 development with better capabilities and reduced cost.
Huawei also aims to expand its automotive solutions business. The newly launched AITO cars and their progress hint that the company will continue to grow.
How Luxshare and Huawei will compete with each other in the Chinese smart car solutions market would be worth looking forward to. We’ll keep you posted on this matter with the latest revelations.
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