GAC Group

NIO Inc. Provides May 2024 Delivery Update

Retrieved on: 
Samstag, Juni 1, 2024

NIO delivered 20,544 vehicles in May 2024, increasing by 233.8% year-over-year

Key Points: 
  • NIO delivered 20,544 vehicles in May 2024, increasing by 233.8% year-over-year
    NIO delivered 66,217 vehicles year-to-date in 2024, increasing by 51.0% year-over-year
    Cumulative deliveries of NIO vehicles reached 515,811 as of May 31, 2024
    SHANGHAI, June 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its May 2024 delivery results.
  • NIO delivered 20,544 vehicles in May 2024, representing a substantial increase of 233.8% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 515,811 as of May 31, 2024.
  • NIO is committed to establishing a rapidly evolving battery swapping ecosystem, and providing efficient and convenient recharging experiences for its users.

GAC: Latest Innovative Models and Strategic Plan Debut at Auto China 2024

Retrieved on: 
Montag, April 29, 2024

GUANGZHOU, China, April 29, 2024 /PRNewswire/ -- GAC showcased its latest innovative offerings and strategic plans at Auto China 2024, reinforcing its commitment to driving the future of mobility.

Key Points: 
  • GUANGZHOU, China, April 29, 2024 /PRNewswire/ -- GAC showcased its latest innovative offerings and strategic plans at Auto China 2024, reinforcing its commitment to driving the future of mobility.
  • In addition to unveiling the latest advancements in intelligent transportation through the "Smart Mobility 2027" action plan, GAC introduced several new models, catering to diverse consumer preferences and needs.
  • The auto show saw the global premiere of the second-generation AION V, the flagship model from GAC AION.
  • GAC is set to integrate mapless urban NDA features into Hyper models utilizing the ADiGO PILOT system by 2024.

A New Era of Growth: 2024 GAC International Global Distributor Conference

Retrieved on: 
Mittwoch, April 24, 2024

GUANGZHOU, China, April 24, 2024 /PRNewswire/ -- GAC has wrapped up its 2024 International Global Distributor Conference with resounding success.

Key Points: 
  • GUANGZHOU, China, April 24, 2024 /PRNewswire/ -- GAC has wrapped up its 2024 International Global Distributor Conference with resounding success.
  • GAC GROUP achieved record-breaking production and sales exceeding 2.5 million units in 2023, a milestone for Chinese independent brands.
  • With a remarkable YoY export surge of approximately 130% and strategic penetration into 39 countries and regions, GAC International has laid a robust groundwork for future growth ambitions.
  • The 2024 GAC International Distributor Conference is a reflection of the many enduring partnerships forged amidst the pursuit of excellence.

A New Era of Growth: 2024 GAC International Global Distributor Conference

Retrieved on: 
Mittwoch, April 24, 2024

GUANGZHOU, China, April 24, 2024 /PRNewswire/ -- GAC has wrapped up its 2024 International Global Distributor Conference with resounding success.

Key Points: 
  • GUANGZHOU, China, April 24, 2024 /PRNewswire/ -- GAC has wrapped up its 2024 International Global Distributor Conference with resounding success.
  • GAC GROUP achieved record-breaking production and sales exceeding 2.5 million units in 2023, a milestone for Chinese independent brands.
  • With a remarkable YoY export surge of approximately 130% and strategic penetration into 39 countries and regions, GAC International has laid a robust groundwork for future growth ambitions.
  • The 2024 GAC International Distributor Conference is a reflection of the many enduring partnerships forged amidst the pursuit of excellence.

GAC TECH DAY 2024: Groundbreaking Innovations Redefine Automotive Excellence

Retrieved on: 
Dienstag, April 16, 2024

GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."

Key Points: 
  • GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."
  • On the day, GAC, a trailblazer in automotive advancements, unveiled several groundbreaking technologies set to revolutionize the driving experience.
  • GAC's new iGLCA intelligent light commercial vehicle segment—MIRACO Motor—also made its official debut at GAC TECH DAY 2024 with the release of its flagship model "MiraLounge".
  • With a focus on technology-driven development, GAC aims to continue pushing the boundaries of automotive excellence, setting new benchmarks for the industry.

GAC TECH DAY 2024: Groundbreaking Innovations Redefine Automotive Excellence

Retrieved on: 
Dienstag, April 16, 2024

GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."

Key Points: 
  • GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."
  • On the day, GAC, a trailblazer in automotive advancements, unveiled several groundbreaking technologies set to revolutionize the driving experience.
  • GAC's new iGLCA intelligent light commercial vehicle segment—MIRACO Motor—also made its official debut at GAC TECH DAY 2024 with the release of its flagship model "MiraLounge".
  • With a focus on technology-driven development, GAC aims to continue pushing the boundaries of automotive excellence, setting new benchmarks for the industry.

EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Freitag, März 15, 2024

During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.

Key Points: 
  • During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.
  • EHang has delivered 15 units of EH216-S to Hefei in the fourth quarter of 2023.
  • Costs of revenues were RMB20.0 million (US$2.8 million), compared with RMB5.3 million in the fourth quarter of 2022 and RMB10.1 million in the third quarter of 2023.
  • Total operating expenses were RMB114.5 million (US$16.1 million), compared with RMB104.0 million in the fourth quarter of 2022, and RMB89.8 million in the third quarter of 2023.

EHang Forms Strategic Cooperation with the Management Committee of Guangzhou Airport Economic Zone, Guangzhou Development District Administrative Committee, and GAC Group to Scale Up New Quality Productivity and Promote High-Quality Development for Guangz

Retrieved on: 
Dienstag, Februar 6, 2024

(The strategic cooperation among Guangzhou Government Agencies, GAC Group and EHang)

Key Points: 
  • (The strategic cooperation among Guangzhou Government Agencies, GAC Group and EHang)
    According to the Agreement, GAC Group and EHang will join forces in research and development, production, sales, and other areas to strengthen the low-altitude market.
  • Meanwhile, EHang will maximize its expertise in developing and integrating passenger-carrying UAVs to support the development of GAC Group’s flying cars.
  • The initiative will provide support to EHang and GAC Group for their technology research and development, production, and promotion for product applications in Guangzhou.
  • (Image: EHang’s EH216-S passenger-carrying UAV flew in the Jiulong Lake Park, Huangpu district, Guangzhou)

2023-2024 Global Top Brands Winners Unveiled

Retrieved on: 
Freitag, Januar 12, 2024

LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- On January 10, 2024, the winners of the Global Top Brands Awards were unveiled at the Consumer Electronics Show (CES), the world's most renowned, influential and largest consumer electronics industry event. Among the attendees at the Awards Ceremony were Zhu Dongfang, President of Asia Digital Group, Adam Goldstein, Vice President of TWICE, Zhang Li, Executive Vice President of Asia Digital Group, and senior representatives from global top brands.

Key Points: 
  • As smartphones receive the highest attention in the consumer electronics field, competition among global brands becomes more intense.
  • The 2023-2024 Global Smart Phone Brands Top 10 award was received by brands like Apple, Samsung, Huawei, Xiaomi, TECNO and etc.
  • Brands like Samsung, TCL, LG, Sony, and Xiaomi emerged as winners in the 2023-2024 Global TV Brands Top 10 category.
  • The Global Top Brands Awards will persist in seeking global examples of consumer electronics development to foster a healthy industry growth.

China’s Guangzhou Launches Conversations Between China and Italy to Showcase the Cooperation Achievements

Retrieved on: 
Samstag, November 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231118396482/en/
    China’s Guangzhou launches conversations between China and Italy to showcase the cooperation achievements.
  • (Graphic: Business Wire)
    Guangzhou, a metropolis in southern China, has been a trade gateway of China to the world for more than two thousand years.
  • I firmly believe that Guangzhou will become an important trade and tourism destination in Italy,” said Gasperis.
  • Statistic shows that in 2022, the bilateral trade volume between China and Italy reached US$77.9 billion, hit a record high.