Articles Tagged with "GAC Group"

GAC Group intends to build self-owned battery subsidiary
GAC Group intends to build self-owned battery subsidiary

GAC Group announced on Aug. 25 its board of directors had approved the proposal of building a battery subsidiary dedicated to the industrialization of the group's self-owned battery business.

Aug. 26 , 2022
GAC Group to build subsidiary for electric drive system production
GAC Group to build subsidiary for electric drive system production

GAC Group announced on August 11 it would invest a total of 2.16 billion yuan ($320.218 million) in building an electric drive technology subsidiary.

Aug. 12 , 2022
GAC Group’s Jan.-Jul. 2022 vehicle sales reach nearly 1.4 million units
GAC Group’s Jan.-Jul. 2022 vehicle sales reach nearly 1.4 million units

GAC Group, one of the major Chinese automobile groups, announced it sold 220,104 vehicles last month, representing a year-on-year jump of 21.93%, while reflecting a month-on-month drop of 6.1%.

Aug. 5 , 2022
GAC Group posts YoY, MoM two-digit growth in June 2022 sales
GAC Group posts YoY, MoM two-digit growth in June 2022 sales

GAC Group, one of the major Chinese automobile groups, scored a double-digit growth in June sales compared to both the previous year and the previous month.

Jul. 5 , 2022
GAC Group-backed chip supplier CanSemi bags RMB4.5 billion
GAC Group-backed chip supplier CanSemi bags RMB4.5 billion

Guangzhou CanSemi Technology (CanSemi), a semiconductor supplier backed by GAC Group, officially completed its latest financing round, raising RMB4.5 billion ($671.87 million).

Jun. 30 , 2022
GAC Group launches super iron lithium battery
GAC Group launches super iron lithium battery

GAC Group introduced its new-generation microcrystalline super iron lithium battery technology (SmLFP) at the 2022 GAC TECH DAY on June 28th.

Jun. 28 , 2022