Volkswagen may become the new owner of Huawei's drone business
Volkswagen is negotiating the acquisition of Huawei's robot car division, which is engaged in the development of robot cars. Due to this deal, the German automaker will be able to acquire a partner in the Chinese car market, which is one of the largest for it.
The concern is already cooperating with Argo AI, a U.S. developer of unmanned technologies. At the beginning of last fall, the partners presented a robotic minibus capable of predicting the actions of drivers and pedestrians. Now Volkswagen has decided to negotiate a similar partnership in China.
According to TechCrunch, Huawei's drone division will cost the Germans a lot of money. In 2021, the Chinese telecom giant planned to invest more than 1 billion USD in the development of drones.
Huawei began developing robotic vehicles in 2019. The company said it will develop software for unmanned cars in partnership with Audi. This brand is owned by the German concern Volkswagen. In addition, Huawei has agreed to cooperate with Chinese companies Changan Automobile, Beijing and GAC.