Dongfeng Motor Group will launch a new new energy brand

Dongfeng Motor Group is preparing to launch a new new energy vehicle brand, with the new company expected to be established soon. The new brand's partnership model is likely to be similar to GAC's Huawang Auto, deepening its collaboration with Huawei on multiple levels. Dongfeng Group is reportedly planning to establish a new independent brand, initially codenamed XY, with the first model expected to be released in the fourth quarter of next year.