New progress in cooperation between GAC and Huawei: Huawei leads the definition of products targeting the 300000 level market

On March 29th, Guangzhou Automobile Group held a 2024 investor performance briefing. Regarding the cooperation between GAC and Huawei on the Huawang project, Feng Xingya, Chairman of GAC Group, said, “Huawang Automobile mainly targets high-end customers in the 300000 level. The detailed product definition and positioning are mainly led by Huawei, and GAC supports and maintains the decision-making authority of the Huawang team to ensure their rights and responsibilities in product development and product definition

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