Huawei reportedly to shift Seres partnership to an asset-light model

Huawei and Seres will reportedly adjust their smart-car partnership this week, with Huawei moving to an asset-light model, according to people familiar with the matter. The change would shift responsibility for products, marketing, sales and services from Huawei-led operations to a Seres-led model supported by Huawei. Hongmeng Zhixing will focus its resources on helping the Zhijie, Xiangjie, Zunjie and Shangjie brands succeed.