GAC AION sees sales in first half of 2023 soar 109% YoY to exceed 200,000 units

Shanghai (Gasgoo)- GAC AION, the electric vehicle maker under GAC Group, posted an impressive June sales figure of 45,013 vehicles, representing a year-on-year increase of 86.7%. This marks the fourth consecutive month in 2023 in which the company's sales have exceeded 40,000 units.

In the first half of 2023, GAC AION's cumulative sales exceeded 200,000 units to 209,336 vehicles, indicating a 109% increase on a year-on-year basis.

In line with the company's annual plan, GAC AION aims to guarantee sales of 500,000 units while vying for 600,000. As of June, the automaker has already achieved more than 41.87% of its annual sales target.

AION Y Plus; photo credit: GAC AION

The robust sales growth of GAC AION can be attributed to its product revitalization and the launch of a series of favorable policies. Apart from lowering the prices of some models or providing financial discounts and replacement subsidies ranging from 4,000 to 6,000 yuan, the city of Guangzhou, where GAC AION is based, also initiated a new round of subsidies on new energy vehicle purchase starting March 1 this year.

Notably, on May 28, GAC AION introduced a "Full Insurance Bonus for Car Purchases" campaign. Between May 26 and June 30, buyers of several models under GAC AION could receive a full insurance subsidy of up to 10,000 yuan, coupled with financial interest concessions, replacement subsidies, and new car charging gifts, which might further boost GAC AION's sales.