According to sources, Avatr Technology is making final preparations for the Hong Kong IPO and is expected to submit an application in October. Avatr Technology is a high-end smart electric vehicle brand focusing on the future mobility field. It is headquartered in Chongqing, China and has branches in Shanghai and Munich, Germany. Changan Automobile and CATL are its first and second largest shareholders, with shareholding ratios of 40.99% and 14.1% respectively. As a partner, Huawei mainly provides intelligent components such as intelligent assisted driving algorithms and smart cockpits.
Avatr plans to launch a number of new cars in the next three years, covering medium and large SUVs, MPVs and other market segments, and creates the next-generation architectural models based on the SDA2.0 platform, and the international layout will also be launched simultaneously.
Chen Zhuo, president of Avatr Technology, revealed that the company and Huawei are promoting cooperation in an orderly manner, and the first joint co-creation product will be launched in 2026. Avatr Technology was founded in 2018. Changan Automobile and CATL are the first and second largest shareholders respectively. Huawei previously served as a partner, mainly providing intelligent components such as intelligent assisted driving algorithms and smart cockpits.
Since entering the international market in 2024, Avatr has formed a Middle East strategic layout of “UAE breaks through the circle, Qatar expands, and Jordan lands”, and simultaneously promotes the four major overseas markets of ASEAN, CIS, Middle East Africa and Latin America. Up to now, Avatr has completed its listing and release in Thailand and the UAE, with channel contacts covering 25 countries and regions, and a total of 55 stores have been signed.