{
Martin Kadiev

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GAC and Huawei launch luxury smart car brand Huawang Automotive Technology

Guangzhou Automobile Group has launched a subsidiary, Huawang Automotive Technology Guangzhou, to co-develop a luxury vehicle brand with Huawei Technologies, investing CNY1.5 billion. The first model will be a luxury intelligent new energy vehicle priced around CNY300,000, featuring Huawei's smart driving and vehicle control solutions. This partnership aims to enhance GAC's position in smart driving technology by 2027, moving beyond traditional collaboration models.
@yicaichina
Chinese Yuan United States Dollar Huawei Technologies CO. Ltd. Guangzhou Automobile Group Co., Ltd. CHN Tang Shihua Martin Kadiev
Business & Industry, News Article
08:29 20.03.2025
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