- GAC, Tencent-backed Greater Bay Technology secures 1 bln yuan in Series A financing
Guangzhou Greater Bay Technology (“GBT”), which specializes in the production, development and sales of super-fast charge lithium batteries, announced on May 5 it bagged 1 billion yuan ($149.894 m...
May 06 , 2022
- GAC Group’s Q1 2022 revenue leaps 45.67% YoY
GAC Group announced on Wednesday that its revenue in the first quarter of 2022 came at 23.145 billion yuan ($3.529 billion), jumping 45.67% year on year.
Apr. 28 , 2022
- 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
