Articles Tagged with "GAC Group"

Honda China, Dongfeng Motor, GAC Group to build battery procurement joint venture
Honda China, Dongfeng Motor, GAC Group to build battery procurement joint venture

Honda China announced today it had signed an agreement with Dongfeng Motor and GAC Group to build a power battery procurement joint venture.

Sep. 7 , 2022
GAC Group’s auto sales zoom up 78% YoY in Aug. 2022
GAC Group’s auto sales zoom up 78% YoY in Aug. 2022

GAC Group, one of the major Chinese automobile groups, announced it sold 217,838 vehicles last month, representing a 78.02% hike year-on-year, while facing a slight drop of 1.03% month-on-month.

Sep. 6 , 2022
GAC Group sees H1 2022 net profit leap 32.61% YoY
GAC Group sees H1 2022 net profit leap 32.61% YoY

GAC Group announced today its revenue amounted to 48.448 billion yuan ($7.004 billion) in the first half of 2022 (“H1 2022”), surging 41.17% over a year earlier.

Aug. 30 , 2022
GAC Group, SenseTime ally on intelligent driving, metaverse, smart cockpit
GAC Group, SenseTime ally on intelligent driving, metaverse, smart cockpit

GAC Group announced on July 26 it had already signed a framework agreement with SenseTime, a Chinese AI platform company, to carry out strategic cooperation in a slew of fields including intelligent driving and metaverse.

Jul. 26 , 2022
GAC Group plans construction of power battery volume production lines
GAC Group plans construction of power battery volume production lines

GAC Group is preparing to build a production lines for mass-produced power batteries, according to the speech Zeng Qinghong, Chairman of GAC Group, delivered on July 21 at the 2022 World EV & ES Battery Conference.

Jul. 22 , 2022
Stellantis intends to terminate joint venture with GAC Group
Stellantis intends to terminate joint venture with GAC Group

Stellantis, one of the world's leading automakers and a mobility service provider, announced on July 18 the plan to focus on distributing imported vehicles for the Jeep brand in China through an asset-light approach.

Jul. 18 , 2022