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In the ever-evolving world of automotive manufacturing, the FAW Group continues to make headlines with its strategic moves and technological advancements.
The FAW Group, a prominent name in China's automotive industry, is set to acquire a 10% strategic stake in the Stellantis subsidiary Leapmotor in the near future. This move is expected to further strengthen FAW's position in the market.
Meanwhile, the FAW Group's joint venture with Mazda is bearing fruit. The Mazda 6, a popular vehicle, shares its platform, interior, and engine with the Besturn B90, a new model scheduled to launch next year. The Besturn B90, the biggest vehicle to be launched by Besturn, is expected to have similar design and performance characteristics to the Mazda 6. It's worth noting that the Besturn B90 is not the first vehicle to come from the FAW-Mazda joint venture.
FAW's other brands include Hongqi (Red Flag), a luxury automaker known for its iconic vehicles. Recently, Hongqi reported a significant breakthrough in hydrogen fuel cell vehicle development.
Outside of its joint ventures, FAW also produces a line of cars simply branded 'FAW'.
Elsewhere in the industry, Toyota's bZ5 coupe SUV, produced with BYD batteries, has started deliveries in China.
The latest updates from the FAW Group can be found on China Spy Shots, a reputable source for automotive news. Stay tuned for more developments as these global players continue to shape the future of the automotive industry.
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