New 2023 Changan Huawei Avatr 11 Exterior & interior

Avatr was initially a joint venture between Changan Automobile and Nio and it was simply called Changan Nio. Since 2018 when the company was founded, Nio’s stake has gone down from 50% down to just under 1% through many rounds of financing. Huawei and CATL are the biggest shareholders currently and the company decided to change its name to Avatr to mark the move away from Nio.