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Chinese EV makers push for luxury models in Southeast Asia
GAC has debuted a premium SUV in Singapore to chase market leader BYD.
3 mins read
GAC Group
GAC’s latest GoMate robot taps into automaker tech but is designed for commercial applications beyond assembly lines.
Gray market sales are flourishing without official imports or support from Toyota and others.
GAC’s Aion RT packs LiDAR and fast-charging tech to compete in China’s tight EV market, but similar pricing puts it head-to-head with the Mona M03.
The new Rayong plant begins with an annual capacity of 50,000 units, with plans to double output as the Chinese EV maker expands in Southeast Asia.
General manager Gu Huinan said GAC Aion intends to add 2,000 new positions in the second half of 2024.
The joint venture plans to start production for ride hailing in 2025.
New players struggle to take on market leader BYD’s dominance.