Avatr Technology Co., Ltd. (pronounced "Avatar") is a Chinese electric vehicle manufacturer headquartered in Chongqing.
Avatr Technology was established in 2018, with China Changan Automobile and CATL as its first and second largest shareholders, holding 40.99% and 14.1% equity stakes in collaboration with various Chinese domestic entities. Huawei supplies advanced driver-assistance systems algorithms and smart cockpit solutions.
History
Changan-Nio
In 2018, Changan aimed to establish a company dedicated to developing modern, technologically advanced electric vehicles in partnership with Nio Inc. To achieve this, a joint venture named Changan-Nio was formed with an equal 50:50 share ratio. However, the partnership did not materialize, as Nio withdrew from the alliance two years later.[4]