Avatr Archives - Pandaily

Avatr Plans to Acquire 10% Stake in Yinwang, Valuing Huawei’s Car BU at Over One Trillion Yuan

On August 19, Changan Automobile announced that its joint venture, Avatr Technology, plans to buy a 10% stake in Huawei's subsidiary, Yinwang, for 11.5 billion yuan. After the deal, Avatr will hold a 10% share, while Huawei will retain 90% of Yinwang.

Battery Giant CATL Denies Plan to Manufacture Vehicles

Through an interactive platform on Monday, Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) officially announced that it would not explore vehicle R&D and would not consider car manufacturing.

EV Firm Avatr Signs Strategic Cooperation Deal With Huawei

At the 2022 Chongqing Auto Show, Avatr, an automobile brand jointly built by Changan Automobile, CATL and Huawei, signed a new comprehensive strategic cooperation agreement on Saturday with Huawei.

Avatr 11 and 011 EVs to Be Unveiled at Auto Chongqing 2022

Chinese electric vehicle brand Avatr, a joint project of Changan Automobile, Huawei and CATL, announced on Tuesday that its 11 and 011 models will be unveiled at the 2022 Chongqing International Auto Exhibition from June 25 to July 3.

Changan Automobile Reveals Progress of Avatr 11

According to a document disclosed by Changan Automobile on Wednesday, more than 1,000 people in Huawei's intelligent driving research and development team have been stationed in Chongqing to develop the company's newest vehicle, the Avatr 11.

EV Maker Avatr Technology’s Valuation Increases to $942M

Changan Automobile announced on Thursday that Avatr Technology, an electric vehicle enterprise jointly established by Changan, Huawei and CATL, has completed a capital increase and share expansion deal.

Avatr, Backed by Changan Auto, Huawei and CATL, Launches Limited Edition SUV

Avatr Technology, established jointly by Changan Auto, Huawei and Contemporary Amperex Technology Co., Limited (CATL), announced on Thursday a limited-edition SUV called the Avatr 011 alongside Givenchy's creative director.

Avatr Technology Finishes Inaugural Round of Financing

The first round of financing for Avatr Technology has been completed, as the firm's registered capital has increased from 288 million yuan ($45.2 million) to 1.172 billion yuan.

Huawei, CATL and Changan Automobile to Mass Produce AVATR 11

AVATR 11, the first model of the joint venture between Huawei, CATL, and Changan Automobile, was revealed by China's Ministry of Industry and Information Technology last Sunday.

AVATR 11 Officially Unveiled, Equipped with Huawei Inside Intelligent Solution

Changan Auto’s Avatr Technology launched its subsidiary brand officially, AVATR, as the automaker’s high-end EV line and unveiled the brand’s first EV model, the AVATR 11, in Shanghai on Monday.

Battery Giant CATL Invests in Avatr Technology, Becoming Second-Largest Shareholder

Avatr Technology (Chongqing) Co., Ltd. plans to secure finances worth 2.42 billion yuan ($378 million) with three new investors, including Chinese battery giant CATL.

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