- GAC AION fulfills Series A round with valuation topping 100 billion yuan
GAC AION, GAC Group's new energy vehicle (NEV)-dedicated subsidiary, has completed its Series A financing with 18.294 billion yuan ($2.53 billion) raised.
Oct. 20 , 2022
- GAC Group to begin producing PHEVs under self-owned brands next year
GAC Group will start producing plug-in hybrid electric vehicle (PHEV) models under its wholly-owned brands next year, according to the group's minutes of an investor relations event, citing the inform...
Oct. 20 , 2022
- MAXIEYE to provide GAC Trumpchi with L2++ integrated driving/parking solution
China’s intelligent driving solution provider MAXIEYE announced on September 26 that it has landed a mass production procurement order from the major automaker, GAC Trumpchi.
Sept. 26 , 2022
- Gasgoo Daily: CPCA: China’s passenger vehicle inventory volume remains low in the year
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Sept. 20 , 2022
- Gasgoo Daily: GAC AION announces name change
With Gasgoo Daily, we will offer daily important automotive news in China.
Sept. 06 , 2022
- GAC Group’s auto sales zoom up 78% YoY in Aug. 2022
GAC Group, one of the major Chinese automobile groups, announced it sold 217,838 vehicles last month, representing a 78.02% hike year-on-year, while facing a slight drop of 1.03% month-on-month.
Sept. 06 , 2022
- GAC Group sees H1 2022 net profit leap 32.61% YoY
GAC Group announced today its revenue amounted to 48.448 billion yuan ($7.004 billion) in the first half of 2022 (“H1 2022”), surging 41.17% over a year earlier.
Aug. 30 , 2022
- GAC Group intends to build self-owned battery subsidiary
GAC Group announced on Aug. 25 its board of directors had approved the proposal of building a battery subsidiary dedicated to the industrialization of the group's self-owned battery business.
Aug. 26 , 2022
