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

CTOnews.com, January 1, the 20th Guangzhou International Auto Show opened on December 30. GAC GROUP held a press conference to take stock of the performance in 2022 and issued the 2030 trillion Guangzhou Automobile 1578 Development outline.

In 2022, GAC GROUP is expected to achieve: automobile production and sales of 245.9 and 2.404 million vehicles respectively, an increase of about 15% and 12% respectively over the same period last year; aggregate operating income of 514.46 billion yuan, an increase of about 19.7% over the same period last year; and total profits and taxes of 65.19 billion yuan, an increase of about 13.2% over the same period last year. Output, output value, revenue and profit are all expected to exceed the annual challenge target.

CTOnews.com learned that GAC GROUP said that facing the future, we will strive to achieve the goals of more than 4.75 million vehicles in production and sales, 1 trillion in revenue and 100 billion in profits and taxes by 2030 through the development of five major increments, the consolidation of seven major sectors and the implementation of eight major actions. GAC GROUP will challenge the target of 10% year-on-year growth in automobile production and sales in 2023.

According to reports, GAC GROUP has actively distributed mineral resources, Guangzhou Automobile Energy Technology Company has been established and operated, and will increase investment in the field of energy and energy ecology in the future. establish a vertically integrated new energy industry chain layout of "lithium mine + basic lithium electric raw material production + energy storage and power battery production + recharging + energy storage", further improve the upstream and downstream industrial chain layout of power batteries, and reduce the cost of the industrial chain. To achieve the overall self-control of the new energy industry chain, and at the same time coordinate the development of energy storage business to improve the core competitiveness of Guangzhou Automobile Industry chain.

According to GAC GROUP, GAC's independent brands "Gemini" GAC MOTOR and GAC EA together produced and sold more than 620000 vehicles in 2022, of which new energy vehicles accounted for more than 43%. GAC Ean completed share reform and round A financing, with a post-investment valuation of more than 100 billion yuan. The joint venture Guangzhou Auto Toyota produces and sells more than one million vehicles for the whole year.

In addition, GAC GROUP revealed that the first Chuan Qi car with Xingling electronic and electrical architecture will be officially unveiled in 2023. GAC Ean will launch no less than two new models a year, while accelerating the internationalization strategy, and strive to sell more than 1.5 million vehicles in 2030.

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