# Changan to take up to 40% stake in Huawei's new auto parts JV

Changan Automobile signed an MoU with Huawei to invest in a new company Huawei will set up for automotive smart driving systems and components. Changan plans to acquire no more than a 40% stake in the new entity.

- Type: Acquisition
- Announced: 2023-11-25
- Where: Shenzhen, Guangdong, China
- Status: announced
- Products: automotive smart driving systems, smart cockpit, AR-HUD, smart car lights
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Huawei](https://endata.com/companies/19852.md)
- [Chongqing Changan Automobile Co., Ltd](https://endata.com/companies/40822.md) (investor)

## Sources

- [cnevpost.com](https://cnevpost.com/2023/11/26/changan-huawei-sign-mou-to-set-up-jv/), 2023-11-26: "Changan signed a memorandum of understanding (MoU) with Huawei on November 25 in Shenzhen, Guangdong province, to jointly support the latter's establishment of a company that will provide automotive smart system and component solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.