GAC
+ FollowGAC Group (HKEX: 2238, SHSE: 601238) is a Chinese state-owned automaker headquartered in Guangzhou. The group sells electric vehicles under its Aion brand — one of China's top-selling EV marques — and the premium Hyptec brand, alongside the Trumpchi brand of gasoline and hybrid vehicles and major joint ventures with Toyota and Honda.
Aion, GAC's main NEV arm, focuses on the mass market, while Hyptec targets the premium segment with models like the Hyptec HT. GAC is also expanding overseas, with a manufacturing plant in Thailand serving Southeast Asian markets, and is developing a new smart EV brand in partnership with Huawei.
This page tracks GAC's monthly NEV sales, including Aion and Hyptec, and the group's latest business developments.
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GAC plans to buy 50% of FAW Toyota to coordinate operations at Toyota's 2 China joint ventures
The deal would give GAC stakes in Toyota's northern and southern China joint ventures, paving the way for closer cooperation.
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GAC-Huawei brand Aistaland launches GX7, targeting extended-range SUV market
The GX7 is Aistaland's second model, with a limited-time starting price of 229,900 yuan ($34,060).
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GAC-Huawei's Aistaland to launch GX7 SUV on September 23
The 5-seat extended-range SUV is Aistaland's second model, with pre-sales prices ranging from 249,900 yuan ($36,980) to 311,900 yuan.
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GAC unveils plan to buy auto JV stake from FAW in share deal
FAW is expected to become GAC's second-largest shareholder after the deal, with no change in GAC's ultimate control.
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GAC shares halted over undisclosed matter amid FAW tie-up rumors
GAC's shares were halted on Monday, with an employee saying a major announcement would be released after the market close.
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GAC-Huawei Aistaland GX7 starts pre-sales, touting 4 LiDARs and triple-motor powertrain
The GX7 is Aistaland's second model, with pre-sales prices ranging from 249,900 yuan ($36,870) to 311,900 yuan.
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GAC-Huawei's Aistaland to open pre-sales for GX7 SUV on September 4
The GX7 is Aistaland's second model, with display vehicles already available at 60 stores in 32 cities.
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GAC Aion unveils Ray 7, first model with new logo, powered by Huawei drive unit
The Ray 7 is the first model in GAC Aion's new Ray series and is tasked with helping rejuvenate the brand's appeal to younger consumers.
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GAC Aion to debut Ray 7, first model in Ray lineup, on August 19
Ray 7 is powered by a 180-kW motor supplied by Huawei and emphasizes sporty handling.
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GAC Aion files Ray 7 electric sedan, first model in new Ray series
The GAC Aion Ray 7 measures 4,960 mm in length and features a low-slung, wide-body stance with a fastback profile.
