Huawei’s EV Ambitions Get $16 Billion Boost
Huawei’s push into the electric vehicle market just got a major boost. According to Bloomberg, an investment has valued the tech giant’s auto solutions company at a whopping $16 billion. The Deal Avatr Technology, an EV brand with some serious backing, just dropped $1.6 billion for a 10% stake in Huawei’s Yinwang Smart Technology Ltd.…