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Huawei steps up smart car investment

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Published: April 19th, 2021,
Last updated: May 17th, 2022

Huawei plans to invest up to $1 billion in research and development for its automotive business this year. The company made the announcement on Sunday. The network equipment maker plans to expand the research and development group of its auto business to more than 5,000 employees in 2021, with more than 2,000 of them working in autonomous driving.

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Car Industry autonomous driving