Articles Tagged with "GAC Group"

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
GAC Group’s Oct. wholesales drop 8.11% YoY
GAC Group’s Oct. wholesales drop 8.11% YoY

In October 2021, GAC Group saw its monthly output and wholesales fall 4.48% and 8.11% year on year respectively to 192,589 and 192,854 units respectively, the automaker announced on Monday.

Nov. 9 , 2021
GAC Group invests in Holomatic’s C1 round, with cooperated vehicles coming in 2022
GAC Group invests in Holomatic’s C1 round, with cooperated vehicles coming in 2022

GAC Group signed a deep cooperation agreement with China's autonomous driving solution startup, Holomatic, and invested in the startup's C1-round of financing.

Nov. 3 , 2021
GAC Group says thermal efficiency of its first hydrogen engine expected to hit 44%
GAC Group says thermal efficiency of its first hydrogen engine expected to hit 44%

GAC Group announced on Sept. 9 its first self-developed hydrogen engine was successfully ignited a few days ago, indicating that the company has ushered in the “zero-emission” era for engines.

Sep. 10 , 2021
GAC Group plans to bring new strategic investors for GAC AION
GAC Group plans to bring new strategic investors for GAC AION

GAC Group intended to introduce strategic investors for its wholly-owned NEV-dedicated subsidiary GAC AION, the Guangzhou-based automaker announced on August 30.

Aug. 31 , 2021
GAC Group boasts 87.07% YoY surge in H1 2021 net profit
GAC Group boasts 87.07% YoY surge in H1 2021 net profit

GAC Group said its gross revenue for the first half of 2021 reached 34.572 billion yuan, jumping 34.83% from the previous year. Its semi-annual net profit attributable to shareholders surged 87.07% to 4.337 billion yuan.

Aug. 31 , 2021