- GAC Group’s component arm builds semiconductor joint venture with CRRC’s subsidiary
GAC Component Co., Ltd., whose majority shareholder is GAC Group, and Zhuzhou CRRC Times Semiconductor Co., Ltd. have set up a semiconductor joint venture dubbed Guangzhou Qinglan Semiconductor Co., L...
Jan. 21 , 2022
- GAC Group’s 2021 net profit expected to rise 11% to 27% YoY
GAC Group announced on Tuesday its full-year net profit attributable to shareholders is forecasted to reach 6.6 billion ($1.035 billion) to 7.6 billion yuan ($1.192 billion), rising 11% to 27% from th...
Jan. 11 , 2022
- Gasgoo Daily: New Tesla Center opens in Xinjiang
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.
Dec. 31 , 2021
- GAC Group aims to elevate 2022 annual sales volume by 15% YoY
GAC Group released its 2021 annual production and sales performance projection on December 23rd, which will both hit the 2-million-unit mark.
Dec. 24 , 2021
- WeRide invests in GAC's ride-sharing platform Ontime
GAC Group, WeRide and Ontime held a strategic cooperation and investment signing ceremony on December 21st, further cementing the trio’s future collaboration.
Dec. 21 , 2021
- WeRide lands strategic investment from GAC Group for large-scale Robotaxi operation
China’s leading autonomous driving (AD) startup, WeRide, has received a strategic investment from named automaker, GAC Group to further cement their relationship, the startup announced on December 1...
Dec. 14 , 2021
- GAC Group clocks 2.98% YoY growth in Nov. sales
In Nov. 2021, GAC Group saw its monthly auto sales climb 2.98% year on year to 224,136 units, according to the automaker’s sales results, putting an end to the five consecutive months of decrease ca...
Dec. 07 , 2021
- GAC Group announces carbon neutrality target at Auto Guangzhou 2021
Specifically, the group aims to set 2045 as the year to achieve the target of carbon neutrality.
Nov. 20 , 2021