Articles Tagged with "GAC Group"

GAC Group’s Q1-Q3 revenue leaps 28.64% YoY
GAC Group’s Q1-Q3 revenue leaps 28.64% YoY

For the first three quarters of 2021, GAC Group earned 55.117 billion yuan of revenue, representing a 28.64% year-on-year growth, while saw its net profit attributable to shareholders climb 5.63% to 5.284 billion yuan.

Oct. 29 , 2021
GAC, NIO-linked HYCAN’s 2nd model Z03 hits market, starting at 132,800 yuan after incentives
GAC, NIO-linked HYCAN’s 2nd model Z03 hits market, starting at 132,800 yuan after incentives

HYCAN announced on October 18 its second mass-produced model, the Z03, formally hit the market with four trim levels offered. Post-subsidies prices range from 132,800 yuan ($22,670) to 168,800 yuan ($26,270).

Oct. 19 , 2021
MIIT: infrastructure of great importance to intelligent vehicles
MIIT: infrastructure of great importance to intelligent vehicles

China’s Ministry of Industry and Information Technology (MIIT) restressed the importance of infrastructure network to the development of intelligent and connected vehicles, in its response to the proposals of GAC Group’s chairman.

Oct. 13 , 2021
Continental AG, NXP and GAC join hands to create intelligent connected products
Continental AG, NXP and GAC join hands to create intelligent connected products

Continental AG has formed a strategic partnership with GAC R&D Center and NXP Semiconductors to create a new generation of advanced intelligent connect products.

Sep. 13 , 2021
GAC Group logs 32.25% year-on-year drop in Aug. sales
GAC Group logs 32.25% year-on-year drop in Aug. sales

GAC Group’s auto sales reached 122,366 units in August, slumping 32.25% year on year, according to the company’s latest sales results.

Sep. 10 , 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