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GAC Aion

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GAC Aion New Energy Automobile Co., Ltd.
Native name
广汽埃安新能源汽车股份有限公司
FormerlyGAC New Energy Automobile Co., Ltd.
Company typeSubsidiary
IndustryAutomotive
Founded28 July 2017; 7 years ago (28 July 2017)
Headquarters,
China
Area served
  • China
  • Southeast Asia
ProductsElectric cars
Production output
Increase 480,003 vehicles (2023)
Brands
  • Aion
  • Hyptec
ParentGAC Group
SubsidiariesHycan (20.54%)
Websiteaion.com.cn

GAC Aion New Energy Automobile Co., Ltd., trading as GAC Aion (Chinese: 广汽埃安; pinyin: Guǎngqì Āiān) 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

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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]

An Aion showroom in a mall in Shenzhen

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 (Chinese: 昊铂; pinyin: Hàobó) 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

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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][1]

Products

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Aion

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Aion (Chinese: 埃安; pinyin: Āiān) is the eponymous mass-market brand of GAC Aion.

Hyptec

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Hyptec (Chinese: 昊铂; pinyin: Hàobó) 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.[18]

Hyper's first product is the Hyper SSR hypercar.[19] Production of the SSR began in October 2023.[20] In 2023, the Hyper lineup was further expanded with a second model, the Hyper GT sedan, which was first revealed through photos in December 2022 and went on sale in July 2023.[21] In October of the same year, the mid-size SUV Coupe Hyper HT debuted, with sales beginning in the domestic market in November 2023.[22][23] In August 2024, the brand's English name was changed from Hyper to Hyptec.[24]

Joint venture

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Hycan

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Hycan (Chinese: 合创; pinyin: Héchuàng; lit. 'co-creation') 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%).[25]

Sales

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Calendar year S[26] LX V Y Total
2019 32,126 1,341 - - 33,467
2020 46,141 2,745 10,709 - 59,595
2021 69,220 1,004 15,826 32,109 118,159
2022 115,655 3,991 31,826 119,689 271,161
2023 480,003[27]

See also

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References

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  1. ^ a b "Chinese EV maker Aion plans second Southeast Asia plant in Indonesia". South China Morning Post. 3 April 2024. Retrieved 20 May 2024.
  2. ^ "埃安官网". GAC Aion. 26 November 2023. Retrieved 26 November 2023.
  3. ^ "GAC Aims To Battle Tesla With Its New Aion S Electric Vehicle". CarScoops.com. 19 May 2018. Retrieved 22 November 2020.
  4. ^ "GAC To Roll Out 12 New Aion Electric Cars, Including SUV, MPV". InsideEVs. 28 May 2019. Retrieved 29 August 2019.
  5. ^ "GAC NE said to spin off Aion as independent brand". Gasgoo.com. 22 October 2020. Retrieved 22 November 2020.
  6. ^ Hampel, Carrie (22 August 2021). "GAC Aion V charges in 8 minutes". electrive.com. Archived from the original on 23 August 2021. Retrieved 21 September 2021.
  7. ^ "Aion unveils incredible 480kW charger - CarNewsChina.com". 14 September 2021. Archived from the original on 14 September 2021. Retrieved 9 January 2022.
  8. ^ Yang, Allen (15 September 2022). "GAC AION Officially Launched Aion Hyper SSR with 1.9s 0-100km/h Acceleration performance". CarNewsChina.com. Retrieved 15 September 2022.
  9. ^ "GAC Aion unveils high-end Hyper marque to go upward". China Daily. 19 September 2022. Retrieved 17 September 2023.
  10. ^ "昊铂官方更改全新品牌英文名 命名正式改为"HYPTEC"_易车". news.yiche.com. Retrieved 5 August 2024.
  11. ^ Feed, TechNode (24 October 2023). "Mitsubishi to announce exit from China, selling off inventory: report · TechNode". TechNode. Retrieved 23 May 2024.
  12. ^ Roberts, Graeme (12 September 2023). "GAC Aion to build EVs in Thailand". Just Auto. Retrieved 30 December 2023.
  13. ^ Chen, Dong Yi (9 September 2023). "GAC Aion Y Plus all-electric SUV launched in Thailand, price starts at 29,900 USD". CarNewsChina.com. Retrieved 30 December 2023.
  14. ^ "GAC MOTOR OFFICIALLY ENTERS THE MEXICAN MARKET, ACCELERATING MARKET EXPANSION AND DEPLOYMENT". www.gac-motor.com. Retrieved 20 May 2024.
  15. ^ "【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]. www.autohome.com.cn. Retrieved 5 February 2024.
  16. ^ Tan, Danny (31 January 2024). "GAC Aion Y Plus EV previewed in Malaysia - roomy SUV with 63.2 kWh batt, 430 km range; 1H 2024 launch". Paul Tan's Automotive News. Retrieved 30 April 2024.
  17. ^ Kang, Lei (3 April 2024). "GAC Aion announces entry into Indonesia, plans to build local plant". CnEVPost. Retrieved 20 May 2024.
  18. ^ "GAC Aion unveils high-end Hyper marque to go upward". Retrieved 24 February 2024.
  19. ^ "Aion Hyper SSR Lokalne zagrożenie" (in Polish). Retrieved 24 February 2024.
  20. ^ "GAC Aion Hyper SSR launched with 1,224 hp. Price starts at 176,400 USD". Retrieved 24 February 2024.
  21. ^ "GAC Aion unveils Hyper GT, 2nd model of its Hyper brand". Retrieved 24 February 2024.
  22. ^ "GAC Aion's Hyper brand unveils HT SUV with gull-wing doors, starting at $30,000". Retrieved 24 February 2024.
  23. ^ "GAC Aion Hyper HT launched in China with gull-wing doors. Starts at 29,520 USD". Retrieved 24 February 2024.
  24. ^ "GAC Aion sub-brand Hyper officially changes English name to Hyptec". Retrieved 6 August 2024.
  25. ^ Bai, Haotian (12 May 2022). "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". The Beijing News. Archived from the original on 14 June 2022. Retrieved 23 April 2023 – via chinanews.com.
  26. ^ "GAC China auto sales figures". ChinaMobil.ru. 2 July 2023. Retrieved 28 September 2023.
  27. ^ "【图】快讯_汽车之家". www.autohome.com.cn. Retrieved 1 January 2024.