Huawei also hopes the presence of foreign investors would help defend the business from potential further geopolitical tensions, one of the sources said
Huawei held preliminary talks with Mercedes in recent weeks, according to two sources. One source said the German auto brand was offered a 3% to 5% stake with the valuation to be negotiated.
The Shanghai-based carmaker posted a third-quarter net loss of 4.56 billion yuan (US$639 million), 24.8 per cent narrower than in the previous quarter.
/PRNewswire/ The bus market size is estimated to grow by USD 15,868.32 million from 2022 to 2027, growing at a CAGR of 6%, according to Technavio. APAC is.