Avatr Archives - Huawei NewOS

Changan's electric vehicle (EV) subsidiary Avatr has filed for an initial public offering (IPO) in Hong Kong, marking another significant step for Chinese EV manufacturers seeking international listings. The company was established as a joint venture with Huawei and CATL, initially under the name Changan Nio. Avatr's revenue surged to RMB 12.2 billion ($1.7 billion) in the first half of 2025, marking a 98.5 percent increase from the same period last year. Vehicle sales contributed significantly with RMB 11.5 billion while other services like assisted driving solutions and parts sales accounted for RMB 718 million. The EV maker is set to raise funds through this IPO, though specific details such as the exact amount or trading date remain undisclosed. CITIC Securities and CICC are serving as...

On November 23rd, 2025, Avatr officially announced a deepened strategic cooperation with Huawei. According to the official statement, Avatr is the brand that has collaborated with Huawei for the longest time and at the deepest level in terms of breadth. Avatr's chairman Wang Hui introduced that by 2026, the number of models jointly developed by Avatr and Huawei will increase from one to four. Currently, Avatr has launched several models including the AVATR 06, 07, 11, 12, and 011, all equipped with the Hikun Intelligent Driving ADS system. In April 2023, Avatr announced that they would upgrade their in-car systems to the original HarmonyOS operating system during the second half of 2023. Previously reported by IT Home, Avatr plans hardware image 2.0 upgrades and a comprehensive optimizatio...

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Avatr Seeks Hong Kong IPO After Revenue Surge

Avatr to Collaborate More Closely with Huawei in 2026, Doubling Jointly Developed Models