Search Results for "GAC Group"

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
GAC Group aims to reach industrial scale of 1 trillion yuan by 2035
GAC Group aims to reach industrial scale of 1 trillion yuan by 2035

GAC Group will strive to build itself into an automobile group with an industrial scale of 1 trillion yuan ($149.544 billion) by 2035, according to Zeng Qinghong, chairman of GAC Group.

Jun. 27 , 2022
GAC Group’s Q1 2022 revenue leaps 45.67% YoY
GAC Group’s Q1 2022 revenue leaps 45.67% YoY

GAC Group announced on Wednesday that its revenue in the first quarter of 2022 came at 23.145 billion yuan ($3.529 billion), jumping 45.67% year on year.

Apr. 28 , 2022
GAC Group, Technology Financial Group join hands to co-build auto industrial fund
GAC Group, Technology Financial Group join hands to co-build auto industrial fund

On April 20, GAC Group inked a strategic cooperation framework agreement with Technology Financial Group, a Guangdong-based state-owned investment firm, to step up the collaboration on automotive industrial chain.

Apr. 21 , 2022
GAC Group boasts two-digit growth in March, Q1 sales
GAC Group boasts two-digit growth in March, Q1 sales

GAC Group announced today its automobile sales amounted to 608,167 units for the first quarter of 2022, jumping 22.48% from a year ago.

Apr. 7 , 2022