GAC Aion explained

GAC Aion New Energy Automobile Co., Ltd.
Native Name:广汽埃安新能源汽车股份有限公司
Native Name Lang:zh
Former Name:GAC New Energy Automobile Co., Ltd.
Type:Subsidiary
Parent:GAC Group
Subsid:Hycan (20.54%)
Industry:Automotive
Hq Location City:Guangzhou
Hq Location Country:China
Products:Electric cars
Production: 480,003 vehicles (2023)

GAC Aion New Energy Automobile Co., Ltd., trading as GAC Aion, is a Chinese electric vehicle manufacturer headquartered in Guangzhou, China. A subsidiary of GAC Group, it was established in 2017 as the GAC New Energy Automobile. Its current name was adopted in November 2020. It produces battery electric vehicles under the eponymous Aion brand and the premium Hyptec brand.

In 2023, GAC Aion is the third-largest battery electric vehicle brand after Tesla and BYD Auto, both in China and globally by producing 480,003 vehicles.[1]

History

GAC New Energy Automobile Co., Ltd. was established on 28 July 2017 as a subsidiary of GAC Group to develop connected new energy vehicles.[2] Aion was introduced as an electric vehicle sub-brand under GAC New Energy in 2018. The first model, the Aion S, was shown to the public in November at Auto Guangzhou.[3] In 2019, GAC announced 12 new models, which eventually included the LX, V, and Y.[4] In November 2020, GAC New Energy was renamed to GAC Aion, and became an independent operation separate from other GAC operations.[5]

In 2021, GAC Aion announced that the Aion V would be equipped with a graphene battery that can charge from 0 to 80% in 8 minutes, adding 70 kWh of charge.[6] In 2021, GAC Aion announced A480 charging station, 480 kW, 1000 V. 35.1kWh (30-80%) charge to the new Aion V 6C in less than 5 minutes and 0-80% charge in 8 minutes.[7]

In September 2022, GAC Aion revealed a new brand logo. The company also introduced a new premium brand called Hyper and its first product, the Hyper SSR.[8] [9] In August 2024, GAC Aion renamed the Western name of the brand to Hyptec.[10]

In October 2023, GAC Group announced that it would take over 100% ownership of GAC's Changsha plant, which had been jointly operated with Mitsubishi Motors under GAC Mitsubishi. Starting in May 2024, the plant will have an annual capacity of 200,000 electric vehicles for the Aion brand.[11]

Overseas markets

GAC Aion entered the Thailand market in September 2023 by launching a right-hand drive Aion Y Plus in the country. The company began assembly of electric cars in Thailand in July 2024.[12] [13]

In November 2023, Aion vehicles went on sale in Mexico alongside other GAC Motor vehicles.[14]

In January 2024, company entered the Hong Kong market, and started previewing its product in Malaysia.[15] [16]

In April 2024, GAC Aion announced its entry to Indonesia with local partner Indomobil Group. Indomobil will invest in a local manufacturing plant to assemble Aion vehicles.[17]

In October 2024, GAC Aion entered the Vietnamese market.[18]

In September 2024, GAC Aion entered the Philippine market under Dangdang New Energy Auto Service (Philippines) Ltd. Corp.

Products

See main article: article and List of GAC vehicles.

Aion

Aion is the eponymous mass-market brand of GAC Aion.

Hyptec

See main article: Hyptec. Hyptec is the premium brand of GAC Aion. The brand was created in September 2022 as Hyper, with a goal to expand GAC Aion's portfolio with a separate premium brand.[19]

Hyptec's first product is the Hyptec SSR hypercar.[20] Production of the SSR began in October 2023.[21] In 2023, the Hyper lineup was further expanded with a second model, the Hyptec GT sedan, which went on sale in July 2023.[22] In October of the same year, the mid-size SUV coupe Hyptec HT debuted, with sales beginning in the domestic market in November 2023.[23] [24] In August 2024, the brand's English name was changed from Hyper to Hyptec.[25]

Joint venture

Hycan

See main article: Hycan.

Hycan is a joint venture brand of electric vehicles that originated from a partnership in 2019 between GAC and Nio, known as GAC-Nio. The partnership initially produced two models, the Hycan 007 and Hycan Z03, both derived from existing Aion vehicles—the Aion LX and Aion Y, respectively. In 2021, the joint venture rebranded itself as Hycan. GAC Aion holds a 20.54% stake, while the major shareholder is Pearl River Investment (68.56%).[26]

Sales

!Year!Global[27]
201933,467
202059,595
2021118,159
2022271,161
2023480,003[28]

See also

Notes and References

  1. Web site: 2024-04-03 . Chinese EV maker Aion plans second Southeast Asia plant in Indonesia . 2024-05-20 . South China Morning Post . en.
  2. Web site: 26 Nov 2023 . 埃安官网 . GAC Aion . 26 November 2023.
  3. Web site: 19 May 2018 . GAC Aims To Battle Tesla With Its New Aion S Electric Vehicle . CarScoops.com . 22 November 2020.
  4. Web site: 28 May 2019. GAC To Roll Out 12 New Aion Electric Cars, Including SUV, MPV. 29 August 2019. InsideEVs.
  5. Web site: 22 October 2020 . GAC NE said to spin off Aion as independent brand . 22 November 2020 . Gasgoo.com.
  6. Web site: Hampel. Carrie. 2021-08-22. GAC Aion V charges in 8 minutes. live. 2021-09-21. electrive.com. en-US. https://web.archive.org/web/20210823042640/https://www.electrive.com/2021/08/22/gac-aion-v-charges-in-8-minutes/ . 2021-08-23 .
  7. Web site: 2021-09-14 . Aion unveils incredible 480kW charger - CarNewsChina.com . 2022-01-09 . https://web.archive.org/web/20210914101351/https://carnewschina.com/2021/09/03/aion-480kw-charger/ . 14 September 2021 . dead.
  8. Web site: GAC AION Officially Launched Aion Hyper SSR with 1.9s 0-100km/h Acceleration performance. CarNewsChina.com. Allen. Yang. 15 September 2022. 15 September 2022.
  9. News: 2022-09-19 . GAC Aion unveils high-end Hyper marque to go upward . China Daily . 2023-09-17.
  10. Web site: 昊铂官方更改全新品牌英文名 命名正式改为“HYPTEC”_易车 . 2024-08-05 . news.yiche.com.
  11. Web site: Feed . TechNode . 2023-10-24 . Mitsubishi to announce exit from China, selling off inventory: report · TechNode . 2024-05-23 . TechNode . en-US.
  12. Web site: Roberts . Graeme . 2023-09-12 . GAC Aion to build EVs in Thailand . 2023-12-30 . Just Auto . en-US.
  13. Web site: Chen . Dong Yi . 2023-09-09 . GAC Aion Y Plus all-electric SUV launched in Thailand, price starts at 29,900 USD . 2023-12-30 . CarNewsChina.com . en-US.
  14. Web site: GAC MOTOR OFFICIALLY ENTERS THE MEXICAN MARKET, ACCELERATING MARKET EXPANSION AND DEPLOYMENT . 2024-05-20 . www.gac-motor.com.
  15. Web site: 【图】广汽埃安2024年1月全球销量为24947辆_汽车之家 . Global sales of GAC Aion in January 2024 were 24,947 vehicles . 2024-02-05 . www.autohome.com.cn.
  16. Web site: Tan . Danny . 2024-01-31 . GAC Aion Y Plus EV previewed in Malaysia - roomy SUV with 63.2 kWh batt, 430 km range; 1H 2024 launch . 2024-04-30 . Paul Tan's Automotive News . en-US.
  17. Web site: Kang . Lei . 2024-04-03 . GAC Aion announces entry into Indonesia, plans to build local plant . 2024-05-20 . CnEVPost . en-US.
  18. Web site: GAC AION announces foray into Vietnamese market . 2024-10-17 . autonews.gasgoo.com.
  19. Web site: 2024-02-24 . en . GAC Aion unveils high-end Hyper marque to go upward .
  20. Web site: 2024-02-24 . pl . Aion Hyper SSR Lokalne zagrożenie .
  21. Web site: 2024-02-24 . en . GAC Aion Hyper SSR launched with 1,224 hp. Price starts at 176,400 USD .
  22. Web site: 2024-02-24 . en . GAC Aion unveils Hyper GT, 2nd model of its Hyper brand .
  23. Web site: 2024-02-24 . en . GAC Aion’s Hyper brand unveils HT SUV with gull-wing doors, starting at $30,000 .
  24. Web site: 2024-02-24 . en . GAC Aion Hyper HT launched in China with gull-wing doors. Starts at 29,520 USD .
  25. Web site: 2024-08-06 . en . GAC Aion sub-brand Hyper officially changes English name to Hyptec .
  26. News: Bai . Haotian . 2022-05-12 . 广汽蔚来已成过去式 凭"EDG"破圈的朱一航能否挽救合创汽车 . live . https://web.archive.org/web/20220614213735/https://www.chinanews.com.cn/cj/2022/05-12/9752801.shtml . 2022-06-14 . 2023-04-23 . The Beijing News . chinanews.com.
  27. Web site: 2 July 2023 . GAC China auto sales figures . 28 September 2023 . ChinaMobil.ru.
  28. Web site: 【图】快讯_汽车之家 . 2024-01-01 . www.autohome.com.cn.