Search Results for "GAC Group"

GAC Group’s component arm builds semiconductor joint venture with CRRC’s subsidiary
GAC Group’s component arm builds semiconductor joint venture with CRRC’s subsidiary

GAC Component Co., Ltd., whose majority shareholder is GAC Group, and Zhuzhou CRRC Times Semiconductor Co., Ltd. have set up a semiconductor joint venture dubbed Guangzhou Qinglan Semiconductor Co., Ltd.

Jan. 21 , 2022
GAC Group’s 2021 net profit expected to rise 11% to 27% YoY
GAC Group’s 2021 net profit expected to rise 11% to 27% YoY

GAC Group announced on Tuesday its full-year net profit attributable to shareholders is forecasted to reach 6.6 billion ($1.035 billion) to 7.6 billion yuan ($1.192 billion), rising 11% to 27% from the previous year.

Jan. 11 , 2022
GAC Group scores YoY growth in 2021 auto outputs, sales
GAC Group scores YoY growth in 2021 auto outputs, sales

GAC Group announced on Thursday it output and sold 2,138,127 and 2,144,387 vehicles through 2021, representing 5.08% and 4.92% year-on-year growth respectively.

Jan. 6 , 2022
GAC AION to post registered capital surge by nabbing money from GAC Group, GAC Motor
GAC AION to post registered capital surge by nabbing money from GAC Group, GAC Motor

GAC AION, the wholly-owned NEV subsidiary of GAC Group, will implement an internal asset restructuring by means of cash capital increase, asset injection, and conversion of capital public reserve.

Nov. 30 , 2021
GAC Group announces carbon neutrality target at Auto Guangzhou 2021
GAC Group announces carbon neutrality target at Auto Guangzhou 2021

Specifically, the group aims to set 2045 as the year to achieve the target of carbon neutrality.

Nov. 20 , 2021
WeRide introduces driverless Robotaxi with GAC Group, OnTime
WeRide introduces driverless Robotaxi with GAC Group, OnTime

China's leading autonomous driving startup, WeRide, announced today that it has entered into another strategic cooperation with GAC Group and its subsidiary mobility service platform OnTime to further its Robotaxi commercialization.

Nov. 18 , 2021