Huawei Technologies will invest 18 billion yuan (US$2.6 billion or RM10.27 billion) globally in research and development for smart driving technologies, including 10 billion yuan dedicated to computing power for training, a senior executive said on Thursday.
Visitors look at electric vehicles displayed outside the venue before Huawei’s Automotive Technology Conference in Beijing, China on Thursday.
Over the next five years, the company also plans to spend between 70 billion and 80 billion yuan on computing power, according to Jin Yuzhi, Huawei’s senior vice president, who spoke at an event in Beijing ahead of China’s largest auto show opening on Friday.
Huawei is working to strengthen its position in China’s fast-growing smart electric vehicle sector, where it has rapidly become a key supplier over the past four years. Its technologies are increasingly favoured by affluent Chinese consumers, competing with established German automotive brands.
At the event on Thursday, 38 vehicle models featuring Huawei’s smart driving and intelligent cockpit systems were showcased, including four Audi models and Toyota’s BZ7 developed in collaboration with Guangzhou Automobile.
While Huawei’s automotive business remains a relatively small part of its overall portfolio—which spans telecommunications, smartphones and cloud computing—it is currently the company’s fastest-growing segment. Automotive-related sales rose 72% in 2025 to 45 billion yuan.
Overall, Huawei’s revenue increased 2.2% last year to 880.9 billion yuan.
The company also unveiled its latest Qiankun ADS advanced driver assistance system.
