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Market
What will be the market share of GAC and Huawei's premium EV brand in China by end of 2025?
2
Resolution / Starting Odds
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Automotive industry reports or market share analysis from credible sources
Story
GAC and Huawei Partner on Premium EV Brand as Stock Surges Over 20%
Dec 2, 2024, 01:51 AM
GAC Group and Huawei have announced a strategic partnership to co-develop a new premium smart electric vehicle (EV) brand. This will expand GAC’s portfolio, which already includes Trumpchi, Aion, and Hyptec. Huawei, which has previously collaborated with automakers like Seres, Chery, BAIC, and JAC on EV brands, will bring its technological expertise to the venture. The partnership also highlights GAC's unveiling of the Trumpchi 1 concept. Following the announcement, GAC Group's stock opened up 15% and later surged over 20% in Hong Kong trading, reflecting investor optimism about the collaboration.
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Similar markets
No • 50%
Yes • 50%
1% to 2% • 25%
2% to 3% • 25%
Less than 1% • 25%
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5% to 10% • 25%
Below 5% • 25%
Above 15% • 25%
10% to 15% • 25%
Less than 5% • 25%
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10% to 15% • 25%
5% to 10% • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
JAC (Maextro) • 25%
BAIC (Stelato) • 25%
Chery (Luxeed) • 25%
Seres (Aito) • 25%
Geely • 25%
Other • 25%
BYD • 25%
Tesla • 25%
2% to 3% • 25%
1% to 2% • 25%
Below 1% • 25%
Above 3% • 25%
10,000 to 30,000 units • 25%
Less than 10,000 units • 25%
30,000 to 50,000 units • 25%
Exceeds 50,000 units • 25%