Search Results for "GAC Group"

GAC Group, Pearl River Investment ally on next-generation intelligent vehicle
GAC Group, Pearl River Investment ally on next-generation intelligent vehicle

GAC Group entered into a strategic partnership with Guangdong Pearl River Investment Management Group Co., Ltd. (Pearl River Investment) and Guangdong Yuanzhi Technology Group Co.,Ltd. on Jan. 5 for an intelligent vehicle project.

Jan. 6 , 2021
GAC Group eyes 10% year-on-year growth in 2021 auto sales
GAC Group eyes 10% year-on-year growth in 2021 auto sales

GAC Group aims to achieve a year-on-year increase of 10% in 2021’s full-year auto sales, according to an operation plan the company approved on Dec. 25.

Dec. 27 , 2020
GAC NIO granted 15 mln yuan of loans from GAC Group after talks with Beijing officials
GAC NIO granted 15 mln yuan of loans from GAC Group after talks with Beijing officials

GAC Group agreed on December 18 to offer GAC NIO a loan of 15 million yuan ($2.29 million) with an one-year tenure, according to the automaker’s announcement.

Dec. 21 , 2020
GAC Group aims to sell 3.5 million vehicles annually
GAC Group aims to sell 3.5 million vehicles annually

By 2035, the group anticipated its production and sales will exceed 5 million units with revenue over RMB1 trillion.

Nov. 20 , 2020
GAC Group’s NEV unit said to go public on STAR Market
GAC Group’s NEV unit said to go public on STAR Market

GAC NE, the NEV unit of GAC Group, will unveil its IPO plan as early as November and is mulling over the listing on the sci-tech innovation board (STAR Market), a local media outlet reported earlier this month.

Nov. 10 , 2020
GAC Group sales up by 21.53% in October
GAC Group sales up by 21.53% in October

As of October, the group has achieved 76.27% of its annual sales target.

Nov. 9 , 2020