On February 21st, in Shanghai, SAIC Motor Corporation Limited and Huawei Device Co., Ltd. officially signed a comprehensive cooperation agreement. This partnership will encompass strategic collaboration across various domains including product development, production and manufacturing, supply chain management, sales, and customer service. Notably, the initial collaboration will center around a new model derived from SAIC's Roewe lineup, internally codenamed "ES39". This model will feature Huawei's advanced cockpit and intelligent driving systems, offering two variants with different pure electric ranges. Scheduled for release in the fourth quarter, the model is anticipated to target the 150,000 to 250,000 yuan market segment, positioning it as the most affordable Hongmeng-powered intelligent driving vehicle. Furthermore, the two companies are in active discussions regarding the development of a second collaborative model, which is envisioned as an entirely new design.