Group 1 - Guangzhou Automobile Group Co., Ltd. (GAC Group) and Huawei Technologies Co., Ltd. have established a joint venture named Huawang Automotive Technology (Guangzhou) Co., Ltd. to focus on smart vehicle development [1] - Huawang Automotive has initiated a large-scale recruitment drive with over 50 positions available across various fields, emphasizing R&D roles such as battery management and intelligent driving systems [1] - The company aims to create a new high-end automotive brand that will integrate Huawei's smart driving software and solutions [1][2] Group 2 - The first product from Huawang Automotive is expected to be launched in 2026, with Huawei leading the product definition and positioning [2] - GAC Group and Huawei are collaborating to develop a luxury smart electric vehicle priced around 300,000 yuan, based on a new architecture and advanced technology [2] - GAC Group's existing brands are being positioned with distinct intelligent driving missions, targeting different consumer segments within a price range of 100,000 to 1 million yuan [3]