A Huawei-backed electric vehicle company is reportedly close to reaching a deal that would position it as a luxury EV brand, drawing comparisons to Maserati in the Chinese market. The move signals growing ambitions among Chinese automakers to compete in the premium segment, leveraging Huawei's technology ecosystem. The development underscores the rapid evolution of China's EV industry as domestic players push into higher price tiers traditionally dominated by European luxury brands.
A Chinese Maserati? Huawei-backed EV firm nears pact, sources say South China Morning Post
