Core Viewpoint - GAC Group is investing 1.5 billion yuan to establish a new high-end smart car brand, Huawang Automotive, in collaboration with Huawei, focusing on luxury smart electric vehicles priced around 300,000 yuan. Group 1 - GAC Group announced the investment of 1.5 billion yuan to create Huawang Automotive, aiming to develop an independent high-end smart car brand in partnership with Huawei [5]. - The new brand's vehicles will feature Huawei's intelligent driving software, smart cockpit, and vehicle control solutions, with the first model targeting the luxury smart electric vehicle market [5]. - The brand construction work for Huawang Automotive is fully underway, with plans to officially unveil the brand name by the end of this year and the first model expected to launch by the end of 2026 [6].

Group 1 - Huawang Automotive Technology (Guangzhou) Co., Ltd. is conducting large-scale recruitment across various fields including R&D, technology, product, sales, and finance, with over 100 positions available [1][4] - The company was officially registered on March 18, with a registered capital of 1.5 billion RMB, and is led by the deputy general manager of GAC Group, He Xianqing [1][3] - Huawang Automotive is the GH project company that GAC Group announced plans to invest in, with a total investment of 1.5 billion RMB, aiming to collaborate deeply with Huawei to create a new automotive brand [3][6] Group 2 - The new brand will target high-end customers in the 300,000 RMB price range, with product definitions and positioning primarily led by Huawei, while GAC Group provides support [3][4] - Recruitment in the R&D sector is a key focus, with 40 specific engineering positions related to battery management systems, thermal management, electric drive systems, and more [4][6] - The first product from Huawang Automotive is expected to be launched in 2026, with the timeline to be announced by the Huawang team in the future [6]