GAC

GAC Aion has entered the Cambodian automotive market in partnership with a local dealer, its second international market entry after Thailand.

Total investment in the plant will be about $65.9 million and the first phase is expected to be completed by July 2024.

The Hyper HT is only available in single-motor versions with a starting price of RMB 213,900, with the two highest-priced versions featuring Tesla Model X-like falcon-wing doors.

The plant, which has an annual capacity of 200,000 vehicles, has already begun equipment renovation and is expected to begin production in May 2024, according to local media.

The Hyper HT is being offered in four versions in pre-sale, three of which are based on the 800-volt high-voltage platform, with the top-of-the-line version featuring falcon-wing doors similar to those on the Tesla Model X.

GAC plans to invest up to $149 million in Didi's autonomous-vehicle subsidiary along with another company.

The Hyper SSR is offered in three versions and deliveries were made to the first owners today.

GAC Aion began shipping its first export shipment of vehicles to Thailand, marking the official launch of its efforts to enter the international markets.

Hyper has built 14 battery swap stations in Guangzhou and Foshan and plans to build 500 stations in China by 2025.

This is the fourth consecutive month that GAC Aion has sold more than 40,000 units, a 79.86 percent increase from the previous year.