Seres
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Seres’ Zhang Xinghai on Joining IM Motors: “Like a Marriage Made in Heaven” with Huawei
Seres Group announced a strategic investment in Huawei’s automotive tech spin-off, InnoVision, solidifying their partnership. Chairman Zhang Xinghai described it as deepening their relationship, particularly for the AITO brand. The RMB 11.5 billion investment secures a 10% stake and a board seat. InnoVision focuses on intelligent automotive systems. This investment is a key step for Seres in advanced automotive technology, building on the successful AITO vehicle collaboration with Huawei.
