The Avatr 12, a collaboration between Changan, CATL, and Huawei, made its grand debut at the IAA Mobility 2023 in Munich. This electric hatchback, boasting up to 578 hp, is set to revolutionize the EV market. Originally, Avatr was a joint venture between Changan New Energy and Nio, established in 2018. Nio’s exit paved the way for CATL, China’s leading battery maker, to step in. While Changan holds a dominant 40% share, CATL isn’t far behind with over 17%. Interestingly, Huawei, though not a shareholder, plays a pivotal role by supplying key components like electric motors. The Avatr 12’s design … Continue reading Changan, CATL, Huawei: The Trio Behind the Game-Changing Avatr 12!