Guangzhou Automobile Weilai was established in April 2065438+2008. Guangzhou Automobile Group, Guangzhou Automobile New Energy and Weilai Automobile * * *, of which Weilai holds 22.5%, Guangzhou Automobile Group holds 40% and Guangzhou Automobile New Energy holds 37.5%. GAC Weilai's business scope includes research and development, investment and establishment of industries for smart connected cars. Its positioning is to create a brand together, mainly to provide more intelligent electric new energy vehicles for young users.