Articles Tagged with "GAC Group"

GAC Group, Bank of China, GZII Group intend to set up joint fund for NEV, ICV tech development
GAC Group, Bank of China, GZII Group intend to set up joint fund for NEV, ICV tech development

On December 13, GAC Group signed a strategic partnership agreement with Bank of China and Guangzhou Industrial Investment and Capital Operation Holding Group Ltd. ("GZII Group").

Dec. 14 , 2023
GAC Group scores 80.35% YoY spike in Jan.-Nov. new energy vehicle sales
GAC Group scores 80.35% YoY spike in Jan.-Nov. new energy vehicle sales

GAC Group announced on Tuesday its auto sales reached 227,124 units in November 2023, jumping 19.35% over the previous year.

Dec. 6 , 2023
GAC Group, GEM forge green partnership for new energy industry development
GAC Group, GEM forge green partnership for new energy industry development

On November 29, 2023, a significant move in the realm of sustainable energy was marked as GAC Group and GEM Co., Ltd. ("GEM") officially inked a strategic cooperation framework agreement at the GAC Center.

Dec. 1 , 2023
GAC Group scores 2-digit YoY growth in Q1-Q3 2023 revenue
GAC Group scores 2-digit YoY growth in Q1-Q3 2023 revenue

In the first three quarters of 2023 (Q1-Q3 2023), GAC Group achieved consolidated gross revenue of 98.182 billion yuan, representing a 22.17% jump year-on-year, according to the group's latest quarterly financial results released on October 26.

Oct. 27 , 2023
GAC Mitsubishi to become wholly-owned subsidiary of GAC Group
GAC Mitsubishi to become wholly-owned subsidiary of GAC Group

Upon completion of this restructuring, GAC Mitsubishi will become a wholly-owned subsidiary of GAC Group, while GAC AION will leverage the facilities of GAC Mitsubishi to lift its production capacity.

Oct. 25 , 2023
DiDi Autonomous Driving secures investment from GAC Group
DiDi Autonomous Driving secures investment from GAC Group

DiDi Autonomous Driving, the autonomous driving technology arm of Chinese ride-hailing giant DiDi, on October 12 announced a significant investment from GAC Group.

Oct. 13 , 2023
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