GAC AION to Conduct A-Round Financing
On August 26, GAC AION's A-round of capital fundraising was officially listed on the Guangzhou United Assets and Equity Exchange.
8/29/20223 min read
Tag: #GAC AION
Showing 9 of 9 posts with this tag
GAC Aion Completes Round-A Financing, Market Value Breaks 100B Yuan
Chinese automaker GAC Group announced on October 20 that its subsidiary GAC Aion has completed round-A financing of 18.294 billion yuan ($2.42 billion) from a total of 53 strategic investors, boosting its post-investment valuation to 103.294 billion yuan.
10/21/20223 min read
DiDi Autonomous Driving to Create Joint Venture with GAC AION to Mass Produce Electric Robotaxi
On May 10, DiDi Autonomous Driving, which is the self-driving technology division of DiDi Global, announced a strengthened partnership with GAC AION, subsidiary of GAC Group. They will set up a joint venture to mass produce electric Robotaxi under a joint project named "AIDI".
5/11/20233 min read
GAC Group to Set Up Battery Firm for Independent Research
Chinese automotive firm GAC Group announced two important proposals on August 25, including one to set up an independent battery company, and another to allow a company it has invested in to build a battery production base.
8/26/20222 min read
GAC AION V Plus 2023 Version Launched
At the Chengdu Motor Show on August 26, GAC AION launched its 2023 AION V Plus pure electric SUV. The new vehicle is available in 10 versions, including a 7-seat version for the first time.
8/26/20223 min read
Chinese EV Firms Unveil 2022 Delivery Volume
As the new year commences, China's top electric vehicle manufacturers have been announcing their delivery volume for the final month and entire year of 2022, a challenging period marked by repeated pandemic-induced lockdowns and supply chain shortages.
1/3/20234 min read
AION Suspends Cooperation with Huawei on Development of Intelligent Car Project
On the evening of March 27, GAC announced that it would suspend deep cooperation with Huawei due to adjusting cooperative methods.
3/28/20233 min read
A Glimpse of the Battery Businesses of BYD, SAIC and GAC Motor
In order to solve the problem of high battery costs and improve profit margins, many Chinese car companies have begun to directly enter the battery supply chain in various ways.
GAC AION Says Vehicle Project with Huawei Continue
News emerged on August 23 that the cooperative project between Huawei and GAC AION has been suspended, and now the two sides are only involved in parts supply and procurement. AION's spokesperson denied the report.
8/24/20223 min read