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    Home > Chemicals Industry > Rubber Plastic News > The first model jointly developed by GAC and Huawei will be mass-produced by the end of 2023

    The first model jointly developed by GAC and Huawei will be mass-produced by the end of 2023

    • Last Update: 2022-08-29
    • Source: Internet
    • Author: User
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    GAC Group issued an announcement on July 9, agreeing to the implementation of the project between its wholly-owned subsidiary GAC Aian New Energy Vehicle Co.


    The total investment of the project is nearly 800 million yuan 

    The total investment of the project is nearly 800 million yuan 

    According to reports, the AH8 model is the first medium-to-large intelligent pure electric SUV jointly developed by GAC and Huawei.


    According to the strategic cooperation agreement signed by GAC Group and Huawei Technologies Co.


    In September 2020, GAC and Huawei signed a deepening strategic cooperation agreement 

     

    Since the signing of a strategic cooperation agreement between GAC and Huawei in 2017, the two parties have carried out strategic cooperation in the field of intelligent networked electric vehicles, accelerated the strategic cooperation project, and achieved mass production of multiple systems


    The market potential of luxury pure electric vehicles in the future is huge 

    The market potential of luxury pure electric vehicles in the future is huge 

    At present, domestic mainstream car companies are actively deploying high-end pure electric brands


    At the same time, the sales of luxury brand models have continued to grow rapidly in recent years, with a year-on-year growth rate of 16% in 2020


    GAC Group's "14th Five-Year Plan" proposes to achieve 20% of the group's new energy vehicle sales by 2025, of which self-owned brand new energy vehicles account for more than 36%, and to create a realization of intelligent network and new energy.


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