On July 1, GAC Group announced that Huawei Auto, a pivotal element in their strategic partnership with Huawei, is synergizing the strengths of both entities to develop innovative models tailored for the high-end market, priced approximately at RMB 300,000. This collaboration aims to harness the full potential of GAC and Huawei in areas such as intelligent technology, product innovation, and industrial chain resources. Currently, the team is making steady progress in both organizational building and product research and development, with the first model anticipated to hit the market in 2026.