Guangzhou Automobile Group and Huawei's Joint Venture HuaWang Auto Commences Channel Investment, Anticipating Q2 Launch of Its First Sedan
5 day ago / Read about 0 minute
Author:小编   

HuaWang Auto, a collaboration born from the partnership between Guangzhou Automobile Group and Huawei, has embarked on channel investment initiatives. The initial phase encompasses plans for 40 cities, utilizing an agency-based sales model. The company anticipates unveiling its maiden model, a medium to large sedan, in the middle of next year. Following this, medium to large SUVs, available in both pure electric and extended-range variants, will also be introduced. HuaWang Auto has secured a 1.5 billion yuan investment from Guangzhou Automobile Group, with the ambition of fostering a premium smart electric vehicle brand priced at approximately 300,000 yuan. By integrating the strengths of Guangzhou Automobile Group and Huawei in intelligence, ecosystem, branding, and more, HuaWang Auto aims to establish independent sales channels tailored to its unique offerings.