logo
China's GAC unveils Tesla Cybertruck rival ahead of Australian launch

China's GAC unveils Tesla Cybertruck rival ahead of Australian launch

West Australian30-04-2025
Chinese carmaker GAC has jumped on the futuristic ute trend by unveiling the Pickup 01, a high-riding rival to the
Tesla Cybertruck
.
The attention-grabbing concept was revealed at the 2025 Shanghai motor show, with key features including a 'sci-fi aesthetic', passenger car design elements, and intelligent technology systems.
While not quite as extreme as the angular Cybertruck, the exterior of the Pickup 01 is nonetheless unique. It sits higher than a standard dual-cab to accommodate huge all-terrain tyres, while the boxy body presents in bare metal like the Tesla.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal.
Browse now
.
The rear tub of the Pickup 01 is neatly integrated into the overall design, while exterior lighting consists of thin rectangular strips front and rear.
Under the skin, the Pickup 01 sits on GAC's GAIA (GAC Adaptive Intelligent Architecture) platform, which dynamically adjusts suspension and powertrain systems to accommodate urban, off-road, and heavy hauling scenarios.
It also features the X-SouL Safety Shield suite of advanced driver assist systems (ADAS), as well as a configurable cabin layout that doubles as a 'mobile living space' – perfect for off-grid camping trips.
GAC hasn't detailed powertrain specifications for the Pickup 01, and it's unclear when the model will enter production.
The carmaker is currently in the process of expanding its operations beyond China, into markets including Australia, Saudi Arabia, and Chile.
Australian firm AGA Auto was appointed GAC's local distributor in 2022, and in May last year it announced the GAC brand would arrive here in the second half of 2025.
Petrol, hybrid and plug-in hybrid models will be sold under the GAC banner, while electric models will be sold with Aion branding.
The local lineup will include GAC's M8/E9 people movers and GS8/ES9 large SUVs, as well as the Aion V small SUV.
MORE:
Inside Chinese brand GAC's bold plan to storm Australian sales top 10
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘You won't even recognise it': Big plans announced for former Madame Brussels site
‘You won't even recognise it': Big plans announced for former Madame Brussels site

Sydney Morning Herald

timean hour ago

  • Sydney Morning Herald

‘You won't even recognise it': Big plans announced for former Madame Brussels site

One of Melbourne's most storied rooftop bars, the now-closed Madame Brussels, is being transformed into an izakaya-inspired bar and restaurant. Set to open in October, it's the first Japanese venue for new custodian Mamas Dining Group, which also has Vietnamese fusion diner Hochi Mama, recently opened Chinese joint Suzie Q and more. '[Madame Brussels] was such an iconic spot in Melbourne,' says Mamas Dining Group director Thai Ho. 'It definitely brings back a lot of memories of day drinking and weekend mischief … What an opportunity for us to rethink the space and create something else.' Madame Brussels opened in 2006, bringing garden-party vibes and summery cocktails to a Bourke Street rooftop with impressive skyline views. It shut in 2021, with founding hostess and co-owner Miss Pearls, aka Paula Scholes, citing a decline in CBD trade. Soon after, it reopened relatively unchanged, with the same name but new owners: the team behind city cocktail bars Double Happiness and New Gold Mountain.

ASX set to retreat, Wall Street drifts as Fed makes no move on interest rates; $A slumps
ASX set to retreat, Wall Street drifts as Fed makes no move on interest rates; $A slumps

Sydney Morning Herald

timean hour ago

  • Sydney Morning Herald

ASX set to retreat, Wall Street drifts as Fed makes no move on interest rates; $A slumps

US stock indexes are drifting lower after the Federal Reserve decided to keep interest rates where they are, a move that could upset President Donald Trump but was one that Wall Street was widely expecting. The S&P 500 was edging down by 0.1 per cent in afternoon trading, coming off its first loss after setting all-time highs for six successive days. The Dow Jones swung to a loss of 310 points, or 0.7 per cent, in mid-afternoon trade, and the Nasdaq composite was down 0.2 per cent. The Australian sharemarket is set to slide, with futures at 4.53am AEST pointing to a loss of 30 points, or 0.3 per cent, at the open. The ASX added 0.6 per cent on Wednesday. The Australian dollar fell sharply. It was 1.2 per cent lower to 64.30 US cents at 5.07am. In the bond market, Treasury yields gave back some of their gains from the morning, when a report suggested the US economy's growth was much stronger during the spring than economists expected. It grew at a 3 per cent annual rate, according to an advance estimate, a full percentage point more than forecast. But underlying trends beneath the surface may be more discouraging. 'Cutting through the noise of the swings in imports, the economy is still chugging along, but it is showing signs of sputtering,' said Brian Jacobsen, chief economist at Annex Wealth Management. The data reinforced the dilemma facing Fed officials as they voted Wednesday on what to do with interest rates. They could have lowered rates, which would give a boost to the economy as Trump has so been angrily calling for. But lower rates could also give inflation more fuel when Trump's tariffs may be set to increase prices for US households. Loading Trump on Wednesday announced a 25 per cent tariff on imports coming from India, along with an additional tax because of India's purchases of Russian oil, beginning on Aug. 1. That's when stiff tariffs Trump has proposed for many other countries are also scheduled to kick in, unless they reach trade deals that lower the rates. Fed Chair Jerome Powell has been insisting that he wants to see more data about how tariffs are affecting inflation and the economy before the central bank makes its next move, and he will speak shortly to offer more details about the decision.

Beware the hidden landmines in our credit card fees
Beware the hidden landmines in our credit card fees

Sydney Morning Herald

timean hour ago

  • Sydney Morning Herald

Beware the hidden landmines in our credit card fees

Credit cards have been part of Australian life since the 1970s, offering convenience, though often at a cost. Over the decades, banks have profited handsomely from fees and interest charges that hit the most vulnerable the hardest. One infamous case involved a low-income customer who checked her balance at an ATM, saw $30, and withdrew it – only to be slugged a $2 inquiry fee that pushed her into the red. The result? A $30 penalty for overdrawing. It's a stark example of how small transactions can trigger outsized punishments in a system rigged against the poor. The mistreatment continues when penalty interest rates are often wildly out of step with the Reserve Bank's steadily falling cash rate. On overdue accounts, American Express charges 23.99 per cent, Latitude 27.99 per cent, and Virgin Money 20.74 per cent. These figures are not just high – they're psychologically engineered to appear more palatable. Pricing just under round numbers, a tactic long used in retail to mute the real cost, is now embedded in credit policy too. But whether it's $27.99 or 28 per cent, the pain to struggling cardholders is the same. Given the huge cost of being late with repayments, I've always made a habit of paying the balance the day the statement arrives, so there can be no arguments about when it was paid. This has worked well for many years. The credit card companies always send an email when the statement is available, and I've relied on those emails – never keeping a diary note – until now. Loading In June, I began receiving texts allegedly from Virgin, asking me to contact them about my credit card. I thought they were scams and ignored them – understandable, given the influx of bogus messages we receive these days. Then the June statement arrived with a big heading: 'Your account is overdue.' That came as a major shock – it's never happened before. There was also a narration: 'interest charged retail', $79.71. I considered calling Virgin to explain that I've always paid my card in full on time, and that I never received an email alerting me to the statement. But knowing how long the wait times can be, I decided it wasn't worth it. I paid the full balance that day. Then the next statement came – and that's when things really turned sour. Even though I'd paid the previous one immediately, I was hit with another debit: $19.05 for more interest. Assuming a mistake, I rang them to point out that I'd paid before the due date, so further interest made no sense. That's when the real kicker came. The woman on the phone said: 'Oh no, if you miss one payment, you then lose two interest-free periods.' In other words, even though I'd paid early, I was still going to be charged again.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store