- GAC's On Time mobility bags over RMB1 billion, to launch Robotaxis with Pony.ai
On April 26th, GAC Group-backed mobility platform On Time announced the completion of its series A financing round, raising over a billion yuan.
Apr. 26 , 2022
- GAC Group, Technology Financial Group join hands to co-build auto industrial fund
On April 20, GAC Group inked a strategic cooperation framework agreement with Technology Financial Group, a Guangdong-based state-owned investment firm, to step up the collaboration on automotive indu...
Apr. 21 , 2022
- GAC Capital, Yuexiu Industrial Fund to team up in investment in NEV, ICV industrial chains
GAC Capital, the capital operation and equity investment & financing platform of GAC Group, last Friday inked a strategic cooperation agreement with Yuexiu Industrial Fund for the investment layouts f...
Apr. 11 , 2022
- Tencent invests in GAC-backed supercharging startup Greater Bay Technology
China’s tech giant Tencent has indirectly invested in GAC-affiliated Guangzhou Juwan Technology Research Co., Ltd. (Greater Bay Technology) and became a shareholder of the energy storage company o...
Apr. 08 , 2022
- GAC Group boasts two-digit growth in March, Q1 sales
GAC Group announced today its automobile sales amounted to 608,167 units for the first quarter of 2022, jumping 22.48% from a year ago.
Apr. 07 , 2022
- GAC AION to close A round of strategic investor introduction in Q3
GAC AION, the NEV-dedicated arm of GAC Group, plans to complete its a round of strategic investor introduction in the third quarter this year, Gu Huinan, general manager of GAC AION, said last Sunday ...
Mar. 28 , 2022
- WeRide scores $400 million investment with $4.4 billion valuation
China’s autonomous driving startup, WeRide, recently closed its latest financing round, raising over $400 million, a local media outlet reported on March 23rd.
Mar. 24 , 2022
- GAC Group plans to build energy subsidiary for power, battery recycling ecosystem
China's state-run auto group GAC Group announced on Mar. 22 its board of directors has agreed the plan to build an energy subsidiary, as part of efforts to strengthen the building of EV power network ...
Mar. 22 , 2022
