Latest news with #FengXingya
Malaysian Reserve
10-08-2025
- Automotive
- Malaysian Reserve
High-Quality Global Expansion Built on System Strength
HONG KONG, Aug. 10, 2025 /PRNewswire/ — GAC hit a new milestone by entering Hong Kong's EV Top 3 for the first time in July, selling 303 units with 236 registrations. This achievement underscores the effective execution of GAC's 'One GAC 2.0' global strategy, particularly after launching the 'Hong Kong ACTION' in June, which drove breakthrough results within two months. As a 'lighthouse market' for Chinese auto exports, Hong Kong's breakthrough is highly symbolic. GAC sees Hong Kong as the 'bridgehead' of its globalization strategy, with its rise to the Top 3 marking both a sales milestone and recognition of its product, brand, and system strengths. Globally, GAC has built benchmark markets, creating a 'lighthouse effect' that drives growth in Southeast Asia's right-hand-drive regions. In June, it ranked fourth in Singapore's EV market and second among Chinese brands. In Thailand, GAC held third place in H1, with the AION UT setting a record of 1,000 deliveries in 39 days. GAC also excelled in the fuel vehicle market: from January to May, it ranked third overall in Kuwait, with the GS8 second in the mid-to-large SUV segment; in Lebanon, the EMZOOM led the A0-class SUV rankings; in Egypt, the EMPOW held a 25.6% segment share; and in Bolivia, GAC topped Chinese brand sales in July. GAC's deep localization strategy, 'In Local, For Local,' supports these achievements. In June, its Indonesian smart factory started production with a 50,000-unit capacity. At the same time, Thailand opened a flagship experience and battery service center, enabling dual-track 'sales + energy services.' From January to July 2025, GAC INTERNATIONAL's wholesale volume grew 45% year-on-year, and retail sales rose 64%, demonstrating the strength of its systematic global expansion. Feng Xingya, Chairman and President of GAC Group, emphasized the company's focus on four pillars: Quality, Technology, Service, and Ecosystem Globalization. Leveraging systematic competitiveness, GAC aims to build a high-quality global expansion path defined by 'winning through systems.' With successes in benchmark markets like Hong Kong, GAC is accelerating toward its goal of entering 100 countries and regions, and exporting 500,000 vehicles annually, leading the global automotive ecosystem and setting a new standard for Chinese automakers' globalization.
Korea Herald
13-06-2025
- Automotive
- Korea Herald
GOVY AirCab Makes Global Debut, GAC Unveils "Land-Air Matrix" at 2025 International Automotive & Supply Chain Expo (Hong Kong)
HONG KONG, June 13, 2025 /PRNewswire/ -- On June 12, GAC made a strong appearance at the 2025 International Automotive & Supply Chain Expo (Hong Kong), showcasing eight flagship models across its three major product -brands: GAC, AION, and HYPTEC. Simultaneously, GAC unveiled "Hong Kong Action" - the localized implementation of its "One GAC 2.0" global strategy in Hong Kong, and announced the global debut of its first mass-produced flying car – GOVY AirCab, along with the Hong Kong debut of the global premium compact model, the AION UT. At the press conference, Feng Xingya, Chairman and President of GAC Group, and Wei Haigang, President of GAC INTERNATIONAL, were joined by prominent political and business leaders from Hong Kong to witness the historic moment. After visiting the booth, they expressed strong praise for GAC. At the Bangkok International Auto Show in March, GAC launched its "One GAC 2.0" globalization strategy, "Thailand ACTION". GAC aims to boost brand presence, sales, and brand awareness across the Asia-Pacific region. This also marks the official launch of GAC's global localization initiatives. In May 2025, the GAC Indonesia Smart Factory commenced operations. The "Hong Kong ACTION" initiative, tailored for the Hong Kong market, establishes a comprehensive presence across products, channels, services, energy systems, and mobility ecosystems. Regarding product strategy, the AION UT—featuring a stylish design, spacious interior, and high intelligence—is set to go on sale in Hong Kong in the second half of the year. For channels, GAC plans to expand its retail channel network by adding one service center and one showroom in Hong Kong by 2025. For services, GAC will offer the "Hong Kong-Mainland Permit" service to meet consumers' vehicle usage needs across both regions. Furthermore, GAC plans to build 300 ultra-fast charging stations in Hong Kong and is advancing cooperation with ONTIME Mobility to deliver a more convenient mobility ecosystem in Hong Kong by 2028. A major highlight of the event was the global debut of the GOVY AirCab — one of the world's first multirotor flying vehicles to enter mass production. Trial operations are expected to begin this year in the Guangdong-Hong Kong-Macao Greater Bay Area, with customer deliveries scheduled by the end of 2026. Moving forward, GAC will leverage Hong Kong as a pivot to continuously advance its globalization strategy, focusing on quality, technology, service, and the industry chain ecosystem, aiming to deliver excellent mobility experiences to consumers.
Cision Canada
13-06-2025
- Automotive
- Cision Canada
GOVY AirCab Makes Global Debut, GAC Unveils "Land-Air Matrix" at 2025 International Automotive & Supply Chain Expo (Hong Kong)
HONG KONG, June 13, 2025 /CNW/ -- On June 12, GAC made a strong appearance at the 2025 International Automotive & Supply Chain Expo (Hong Kong), showcasing eight flagship models across its three major product -brands: GAC, AION, and HYPTEC. Simultaneously, GAC unveiled "Hong Kong Action" - the localized implementation of its "One GAC 2.0" global strategy in Hong Kong, and announced the global debut of its first mass-produced flying car – GOVY AirCab, along with the Hong Kong debut of the global premium compact model, the AION UT. At the press conference, Feng Xingya, Chairman and President of GAC Group, and Wei Haigang, President of GAC INTERNATIONAL, were joined by prominent political and business leaders from Hong Kong to witness the historic moment. After visiting the booth, they expressed strong praise for GAC. At the Bangkok International Auto Show in March, GAC launched its "One GAC 2.0" globalization strategy, "Thailand ACTION". GAC aims to boost brand presence, sales, and brand awareness across the Asia-Pacific region. This also marks the official launch of GAC's global localization initiatives. In May 2025, the GAC Indonesia Smart Factory commenced operations. The "Hong Kong ACTION" initiative, tailored for the Hong Kong market, establishes a comprehensive presence across products, channels, services, energy systems, and mobility ecosystems. Regarding product strategy, the AION UT—featuring a stylish design, spacious interior, and high intelligence—is set to go on sale in Hong Kong in the second half of the year. For channels, GAC plans to expand its retail channel network by adding one service center and one showroom in Hong Kong by 2025. For services, GAC will offer the "Hong Kong-Mainland Permit" service to meet consumers' vehicle usage needs across both regions. Furthermore, GAC plans to build 300 ultra-fast charging stations in Hong Kong and is advancing cooperation with ONTIME Mobility to deliver a more convenient mobility ecosystem in Hong Kong by 2028. A major highlight of the event was the global debut of the GOVY AirCab — one of the world's first multirotor flying vehicles to enter mass production. Trial operations are expected to begin this year in the Guangdong-Hong Kong-Macao Greater Bay Area, with customer deliveries scheduled by the end of 2026. Moving forward, GAC will leverage Hong Kong as a pivot to continuously advance its globalization strategy, focusing on quality, technology, service, and the industry chain ecosystem, aiming to deliver excellent mobility experiences to consumers.
Yahoo
13-06-2025
- Automotive
- Yahoo
GOVY AirCab Makes Global Debut, GAC Unveils "Land-Air Matrix" at 2025 International Automotive & Supply Chain Expo (Hong Kong)
HONG KONG, June 13, 2025 /CNW/ -- On June 12, GAC made a strong appearance at the 2025 International Automotive & Supply Chain Expo (Hong Kong), showcasing eight flagship models across its three major product -brands: GAC, AION, and HYPTEC. Simultaneously, GAC unveiled "Hong Kong Action" - the localized implementation of its "One GAC 2.0" global strategy in Hong Kong, and announced the global debut of its first mass-produced flying car – GOVY AirCab, along with the Hong Kong debut of the global premium compact model, the AION UT. At the press conference, Feng Xingya, Chairman and President of GAC Group, and Wei Haigang, President of GAC INTERNATIONAL, were joined by prominent political and business leaders from Hong Kong to witness the historic moment. After visiting the booth, they expressed strong praise for GAC. At the Bangkok International Auto Show in March, GAC launched its "One GAC 2.0" globalization strategy, "Thailand ACTION". GAC aims to boost brand presence, sales, and brand awareness across the Asia-Pacific region. This also marks the official launch of GAC's global localization initiatives. In May 2025, the GAC Indonesia Smart Factory commenced operations. The "Hong Kong ACTION" initiative, tailored for the Hong Kong market, establishes a comprehensive presence across products, channels, services, energy systems, and mobility ecosystems. Regarding product strategy, the AION UT—featuring a stylish design, spacious interior, and high intelligence—is set to go on sale in Hong Kong in the second half of the year. For channels, GAC plans to expand its retail channel network by adding one service center and one showroom in Hong Kong by 2025. For services, GAC will offer the "Hong Kong-Mainland Permit" service to meet consumers' vehicle usage needs across both regions. Furthermore, GAC plans to build 300 ultra-fast charging stations in Hong Kong and is advancing cooperation with ONTIME Mobility to deliver a more convenient mobility ecosystem in Hong Kong by 2028. A major highlight of the event was the global debut of the GOVY AirCab — one of the world's first multirotor flying vehicles to enter mass production. Trial operations are expected to begin this year in the Guangdong-Hong Kong-Macao Greater Bay Area, with customer deliveries scheduled by the end of 2026. Moving forward, GAC will leverage Hong Kong as a pivot to continuously advance its globalization strategy, focusing on quality, technology, service, and the industry chain ecosystem, aiming to deliver excellent mobility experiences to consumers. View original content to download multimedia: SOURCE GAC View original content to download multimedia: Sign in to access your portfolio
Yahoo
03-06-2025
- Automotive
- Yahoo
GAC launches in Ethopia with emphasis on NEV ecosystem
China-based GAC International has held a brand launch event in Addis Ababa, capital of Ethiopia, officially announcing its "Ethiopia Action" and introducing two new energy vehicle (NEV) models – the AION Y Plus and the electric SUV ES9. The event was attended by high-level government officials including Chinese Ambassador to Ethiopia, Dr. Alemu Sime Feyisa and Feng Xingya, Chairman and President of GAC Group. Chairman Feng highlighted Ethiopia's 120 million population market and fuel vehicle ban as key NEV opportunities, pledging GAC's green transition support. The company also committed to charging station rollout and 'joint industrial hub development to modernise Ethiopia's auto industry'. Under its "One GAC 2.0" globalisation strategy, GAC said it will leverage its 'built-in energy ecosystem to establish a full-chain industrial ecosystem, delivering end-to-end NEV solutions covering product development, intelligent manufacturing, channels, and services'. GAC's "Ethiopia Action" strategy launches the AION Y Plus and ES9, showcasing pure electric and plug-in hybrid options. GAC has opened the first flagship showroom in Addis Ababa with nationwide expansion planned and said it is also advancing localization via a KD (knock down kits) factory. The Ethiopian Investment Commission and Transport and Logistics of Ethiopia, spoke highly of "Ethiopia Action", confirming the project's inclusion in national automotive strategy, supporting "Made in Ethiopia 2025". GAC also said that as the 'gateway to East Africa, Ethiopia will serve as GAC's key hub for implementing the Belt and Road Initiative and advancing Africa's green mobility transformation'. "GAC launches in Ethopia with emphasis on NEV ecosystem" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
