- GAC Group’s H1 2023 revenue rises YoY, but net profit plunges
GAC Group recently unveiled its financial data for the first half of 2023 (H1 2023), shedding light on a period marked by both growth and challenges.
Aug. 28 , 2023
- GAC Group’s auto sales drop YoY in July, but NEV sales still surge
GAC Group announced this week it sold 189,199 vehicles in July 2023, representing a 14.04% decline year-on-year.
Aug. 10 , 2023
- GAC Group introduces AI large model platform
On August 8, GAC Group officially unveiled its pioneering GAC AI large model platform, as the first of its kind to the auto industry. The technology will soon make its debut on the group’s high-end ...
Aug. 08 , 2023
- GAC Group to invest 40 million yuan in setting up high-precision map-dedicated fund
On August 2, Chinese automaker GAC Group announced its plan to invest a total of 40 million yuan through its wholly-owned subsidiaries in establishing a joint venture in the field of high-precision ma...
Aug. 03 , 2023
- Autonomous driving tech firm Holomatic secures over 1 billion yuan in Series C funding
Chinese autonomous driving tech firm, Holomatic, announced the completion of its Series C3 funding round on July 18, which raised for the company 300 million yuan.
July 18 , 2023
03:15- Tech Talk: Phoenix Battery from Greater Bay Technology
For those cruxes, Chinese battery startup Greater Bay Technology, or GBT, presented its new solutions.
July 10 , 2023
- GAC Group sees auto sales in H1 2023 edge up 1.14% YoY
In June 2023, GAC Group produced 231,547 vehicles, representing a slight year-on-year dip of 0.4%, but its auto sales in the month still edged up 0.77% over a year ago to 236,199 units.
July 06 , 2023
- Luxshare Precision, GAC Group set up auto technology joint venture
Recent disclosures from Chinese corporate database Qichacha reveal the establishment of Lisheng Auto Tech (Guangzhou) Co., Ltd., under the legal representation of Wen Jun, with a registered capital of...
July 05 , 2023
