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A Chinese Maserati? Huawei-backed EV firm nears pact with Italian marque, sources say

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SCMP - Feed 91
By Daniel Ren
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A Chinese Maserati? Huawei-backed EV firm nears pact with Italian marque, sources say
Photo / Coverage: SCMP - Feed 91Credit: Daniel Ren
EXECUTIVE SUMMARY

Chinese luxury electric vehicle (EV) brand Maextro is moving closer to a tie-up with Italian marque Maserati, which would result in co-developed models intended to challenge the likes of BMW and Mercedes-Benz globally, according to industry sources. Maextro, backed by technology giant Huawei Technologies, aimed to enlist Maserati’s design capabilities, styling and brand awareness to develop electric cars that could woo wealthy consumers, said two sources with knowledge of the matter. The...

Key Takeaways

  • Huawei-backed EV firm nears pact with Italian marque, sources say.

Chinese luxury electric vehicle (EV) brand Maextro is moving closer to a tie-up with Italian marque Maserati, which would result in co-developed models intended to challenge the likes of BMW and Mercedes-Benz globally, according to industry sources. Maextro, backed by technology giant Huawei Technologies, aimed to enlist Maserati’s design capabilities, styling and brand awareness to develop electric cars that could woo wealthy consumers, said two sources with knowledge of the matter. The...

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