Articles Tagged with "GAC Group"

GAC Group records double-digit YoY growth in both Jan. outputs, sales
GAC Group records double-digit YoY growth in both Jan. outputs, sales

GAC Group announced its auto outputs and sales reached 191,831 units and 217,333 units in January 2021, jumping 39% and 23.29% from a year ago respectively.

Feb. 4 , 2021
GAC Group’s graphene-enabled batteries about to go into volume production
GAC Group’s graphene-enabled batteries about to go into volume production

GAC Group has tested its graphene-enabled batteries in vehicles to prove whether the technology can be mass produced, and the progress will be officially announced later this month, according to a local media outlet.

Jan. 15 , 2021
GAC Group, GAC Honda warned of auto parts shortage
GAC Group, GAC Honda warned of auto parts shortage

Some subsidiaries of GAC Group were warned by their suppliers that the auto parts supply for several models will be impacted by the faltering global economic climate amid the coronavirus spread, GAC Group revealed on Jan. 8.

Jan. 8 , 2021
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 to test graphene-enabled battery for in-car volume production at end-2020
GAC Group to test graphene-enabled battery for in-car volume production at end-2020

GAC Group recently said the R&D of the graphene-enhanced battery is well underway and the company is likely to test the battery for volume production in vehicles at the end of this year.

Dec. 16 , 2020
GAC Group’s Nov. sales up 11.38% year on year
GAC Group’s Nov. sales up 11.38% year on year

In November, GAC Group sold 217,654 vehicles, representing an increase of 11.38% compared with the same period of last year. The year-on-year decrease of the first eleven months narrowed to 2.21% with 1,834,697 vehicles sold during the period.

Dec. 8 , 2020