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GAC AION Aims for Equity Stake of Up to 30% in Huawei Auto
6 day ago /
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Author：小编
On March 18, Huawei Auto Technology (Guangzhou) Co., Ltd., a venture funded by GAC Group with an investment of 1.5 billion yuan, was officially launched. GAC AION intends to establish an autonomous high-end automotive brand, with an equity investment of no more than 30% in the company. According to GAC Group, Huawei Auto represents a pivotal initiative within the strategic partnership between GAC and Huawei, focused on developing innovative products tailored for the high-end market, priced approximately at 300,000 yuan. Currently, the company is vigorously advancing team construction and product research and development, with an anticipated release of its first model in 2026.
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