economyDevelopingUpdated 1 h ago · since 29 Sept 2026

Huawei raises R&D budget for Qiankun driving from 180 billion to over 190 billion yuan

According to 36Kr, Huawei announced that its Qiankun driving R&D budget has been raised from 18 billion yuan to over 19 billion yuan, disclosed on September 28 by Huawei Senior Vice President Jin Yuzhi, who is also the CEO of Yingwang. He said that building a mature autonomous driving system requires ongoing high software costs and continuous investment in personnel and model training compute.

2 sources1 country2 articles2 independent outletsSource strength 34/100 ⓘHuaweiQiankun
Huawei raises R&D budget for Qiankun driving from 180 billion to over 190 billion yuan
coda.news analysis

Key facts

  1. 01Huawei Senior Vice President Jin Yuzhi announced the Qiankun driving project's budget increase.
  2. 02Budget increased from 18 billion yuan to over 19 billion yuan.
  3. 03The information was disclosed on September 28.
  4. 04Jin Yuzhi is the CEO of Yingwang and spoke about the need for ongoing software costs and compute resources for model training.

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