Articles Tagged with "GAC Group"

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
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
GAC Group’s Q1-Q3 revenue edges up 0.38% YoY
GAC Group’s Q1-Q3 revenue edges up 0.38% YoY

For the first three quarters, GAC Group’s revenue climbed 0.38% year on year to 42.846 billion yuan ($6.380 billion), according to the financial results the automaker released on October 30.

Oct. 30 , 2020
GAC Group’s Sept. sales leap 15.59% year on year
GAC Group’s Sept. sales leap 15.59% year on year

GAC Group announced that its Sept. sales jump 15.59% year on year to 218,042 units, showing double-digit growth for the third month in a row.

Oct. 13 , 2020