GAC Energy incorporates two subsidiaries in Xiamen, Ningbo

Shanghai (Gasgoo)- Recently, GAC Energy, a subsidairy under GAC Group, officially incorporated two subsidiaries, namely, GAC Energy Technology (Fujian) Co., Ltd. and GAC Energy Technology (Ningbo) Co., Ltd., located in the Xiamen Pilot Free Trade Zone and Yinzhou District of Ningbo city, respectively, according to a post on the company's WeChat account. 

GAC Energy said it aims to accelerate its layout of photovoltaic, energy storage, electric vehicle (EV) charging, and battery swapping, as well as V2G (Vehicle-to-Grid) technologies through the two subsidiaries, with plans to expand operations across broader regions.

Photo credit:  GAC Energy

The new companies' business scope extends to cover the construction and operation of photovoltaic, energy storage, EV charging, and battery swapping facilities, product development, technology R&D, and the establishment of digital platforms (integrating research, production, supply, and sales). Their activities will include, but are not limited to, the R&D of online energy monitoring technology and emerging energy technology, the information system operation and maintenance services, software development, solar power technology services, operation of EV charging infrastructure operations, sales of new energy vehicle battery swapping facilities, and energy storage technology services.

Since 2024, GAC Energy has accelerated the expansion of its superfast charging network across China, with more than 10,000 superfast charging terminals built in over 200 cities. The company plans to accelerate its network layout in the South China and East China regions due to the rapid demand growth in both markets.

Following the establishment of the Zhejiang subsidiary, GAC Energy continues to invest there, positioning itself to meet needs of local residents. At the same time, it places significant emphasis on the development of the Fujian market, establishing a rapid expansion framework for future growth.

Currently, GAC Energy has built 395 superfast charging terminals on its 1,000V high-voltage platform in Fujian province and Ningbo city, serving over 150,000 users. The company has established 10 subsidiaries globally, and its headquarters in Guangzhou, regional divisions, and other subsidiaries form a flexible, multi-modal organizational network.