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Cyrus builds cars for Huawei? Xiaokang shares responded: it is a long-term partner, not a foundry

Shanghai Securities News China Securities Network News (reporter Yu Liyan) in response to the recent rumors that "Xilisi is Huawei's car foundry", Xiaokang shares denied it on December 31 and responded: Xiaokang shares' Cyris is a long-term partner of Huawei, not a foundry.

According to a person from Xiaokang Shares, from the production and manufacture of the newly launched AITO Q&I M5 model to the whole value chain of user cars, Xilix is responsible for research and development, manufacturing, delivery, service and creation of a full-life cycle car experience, while Huawei is deeply involved in product definition, quality control and channel sales. Q&I M5 will be sold as a smart car on Huawei channels, which is Huawei's practice of helping car companies "build good cars and sell good cars".

Xiaokang shares said that Xilis and Huawei are a long-term cooperative relationship, empowering each other, the two sides will cooperate around the three core industries of technology, channels and products, and will not rule out cooperation in new technologies, new products and new fields in the future. The AITO brand with the help of Huawei has a clear plan in product layout, and will release medium and large luxury SUVs in 2022, and new models in 2023 are also being prepared in an orderly manner.

Cyrus builds cars for Huawei? Xiaokang shares responded: it is a long-term partner, not a foundry

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