Articles Tagged with "GAC Group"

GAC Group, Technology Financial Group join hands to co-build auto industrial fund
GAC Group, Technology Financial Group join hands to co-build auto industrial fund

On April 20, GAC Group inked a strategic cooperation framework agreement with Technology Financial Group, a Guangdong-based state-owned investment firm, to step up the collaboration on automotive industrial chain.

Apr. 21 , 2022
GAC Capital, Yuexiu Industrial Fund to team up in investment in NEV, ICV industrial chains
GAC Capital, Yuexiu Industrial Fund to team up in investment in NEV, ICV industrial chains

GAC Capital, the capital operation and equity investment & financing platform of GAC Group, last Friday inked a strategic cooperation agreement with Yuexiu Industrial Fund for the investment layouts focusing on the NEV and ICV industrial chains.

Apr. 11 , 2022
Tencent invests in GAC-backed supercharging startup Greater Bay Technology
Tencent invests in GAC-backed supercharging startup Greater Bay Technology

China’s tech giant Tencent has indirectly invested in GAC-affiliated Guangzhou Juwan Technology Research Co., Ltd. (Greater Bay Technology) and became a shareholder of the energy storage company on April 6th.

Apr. 8 , 2022
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem

China's state-run auto group GAC Group announced on Mar. 22 its board of directors has agreed the plan to build an energy subsidiary, as part of efforts to strengthen the building of EV power network and ultimately achieve carbon neutrality.

Mar. 22 , 2022
GAC Group logs 18.06% YoY growth in Jan.-Feb. 2022 sales
GAC Group logs 18.06% YoY growth in Jan.-Feb. 2022 sales

GAC Group said on Monday it sold 143,464 new vehicles in February 2022, representing a 36.47% jump from the year-ago period.

Mar. 7 , 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022

China’s autonomous driving company, Holomatic, has recently received hundreds of millions of yuan from GAC Capital as an exclusive strategic investment.

Mar. 7 , 2022