Huawei has been suffering a lot from the US government's various bans, and as a consequence we've seen the company diversify its product portfolio quite a bit, with a lot more focus placed on wearables and audio accessories in recent months, for example.

Now a new report claims Huawei is actually planning on making electric cars under its own brand, and some models may even launch before the end of this year. Apparently, the company has already started internally designing the EVs and approaching suppliers.

Richard Yu, head of Huawei's consumer business group, who was in charge of the company's amazing rise in the smartphone world, is said to shift his focus to EVs, which will target the mass-market segment, which implies they will be reasonably priced.

Huawei is reportedly in talks with Changan Automobile, a state-owned entity in China, as well as BAIC Group's BluePark New Energy Technology and other automakers, to use their car plants to make its EVs.

That said, a Huawei spokesman denied plans to design EVs or produce Huawei branded vehicles, saying that "Huawei is not a car manufacturer. However through ICT (information and communications technology), we aim to be a digital car-oriented and new-added components provider, enabling car OEMs (original equipment manufacturers) to build better vehicles".

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