Chinese technology conglomerate Huawei is to invest $1 billion (840 million euros) this year

Electric and self driving cars

Chinese technology conglomerate Huawei is to invest some $1 billion (840 million euros) this year in research into electric and self-driving cars. With this, the company wants to compete with Tesla and China's Xiaomi.

Chinese technology conglomerate Huawei is to invest some $1 billion (840 million euros) this year in research into electric and self-driving cars. With this, the company wants to compete with Tesla and China's Xiaomi.

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