Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 13, GAC GROUP said on the investor interactive platform on November 11 that batteries and electric drives are the core components of new energy vehicles and are important components of the competitiveness of new energy vehicles. The market of new energy vehicles has entered a period of rapid growth, and the demand for batteries and electric drives of Eian pure electric models and Chuanqi hybrid models is increasing greatly.

According to reports, GAC GROUP took many years to establish the battery, electric drive research and development system, now has the basis of industrialization. Therefore, in August this year, GAC GROUP's board of directors successively deliberated and passed the resolution to set up an electric drive company and a battery company. At present, the company has been formally established, and we will strive to start the construction of the factory before the end of this year.

According to the data, GAC GROUP's annual production and sales target for 2022 is 15% year-on-year growth. GAC GROUP said that by the end of October, the company had achieved a cumulative production and sales of 2.067 million vehicles and 2.037 million vehicles, an increase of 26.3% and 20.8% over the same period last year. The company is confident of achieving its production and sales growth target of 2022.

CTOnews.com learned that when talking about "when to start the Ian IPO process", GAC GROUP said that Ian has completed round A financing, then will choose the opportunity to carry out IPO, the company will be combined with the promotion and regulatory requirements to announce the relevant progress in a timely manner.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.