GAC

GAC Aion opened its first store in the Philippines and delivered vehicles to its first 10 local customers.

The Changsha plant is GAC Aion's third, and its other two plants have a combined annual capacity of 400,000 vehicles.

Hyper has officially changed its English name to Hyptec, saying the move is part of its brand value upgrade to 2.0.

The overseas version of the Hyper SSR rolled off the production line on August 1, and the supercar is expected to begin deliveries in Southeast Asia later this month.

The updated Aion V is GAC Aion's first model to be built in both its China and Thailand factories, and GAC Aion said the model will be available in a battery swap-enabled variant in the future.

GAC Aion's Thailand plant has an annual capacity of 50,000 units in the first phase and will be expanded to 100,000 units in the future.

GAC said its solid-state batteries have an energy density of more than 400 Wh/kg and could easily give an EV a range of over 1,000 kilometers.

GAC Aion has entered into a partnership with an Indonesian company and plans to build an EV factory there.

Hyper said it plans to build 15 charging stations in Thailand this year and 100 fast-charging stations by 2028.

Hycan, previously known as GAC Nio, has sold fewer than 20,000 vehicles annually for the past two years.