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BackChinese GAC plans to launch 12 new models in France by 2030
Chinese GAC plans to launch 12 new models in France by 2030
NEWS
Лента.ру1 hour agoBusiness1 min readRussiaView original

Chinese GAC plans to launch 12 new models in France by 2030

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Chinese automaker GAC aims to introduce 12 new electric vehicles and hybrids in France by 2030, as well as open 200 dealerships in four years and localize production in Europe.

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Why It Matters

GAC supplies vehicles to several European countries and plans to expand its presence.

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China's GAC plans to introduce 12 new electric and hybrid models to the French market by 2030. Carscoops writes about this, citing Cedric Lacourt, Deputy Director General of GAC in France.

The company intends to open 200 dealerships in France over the next four years. Fifty of them should be operational this year.

GAC also plans to increase production capacity in Europe and implement a full assembly cycle to avoid tariffs. Now GAC cars for European countries are assembled in Austria at the Magna Steyr plant using a large-unit assembly scheme. Among the options for locating production, both Magna Steyr and other investors are being considered. According to Lacourt, without its own production capacity it will not be possible to gain a foothold in the European market.

The Aion V electric crossover and the Aion UT hatchback are currently on sale in France. GAC vehicles are already present in the UK, Finland, Greece, Poland, Spain and Portugal. The brand's export sales in the first half of the year amounted to 346 thousand vehicles, which is 36 percent more than a year earlier.

What to Watch

AI outlook — possibilities, not facts

  • Opening of 50 GAC dealerships in France this year

    Likely · Within months

Open Questions

  • Where exactly will GAC's new European manufacturing facility be located?

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This article was originally published by Лента.ру.

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