Hycan
GAC's EV unit Hycan reportedly asks all employees to sell cars as sales remain weak
Hycan, previously known as GAC Nio, has sold fewer than 20,000 vehicles annually for the past two years.
Nio exits from shareholder list of its joint venture with GAC
Earlier this month, a company originally formed by Changan and Nio announced the completion of a new round of financing that reduced Nio's stake to less than 1 percent.
GAC Nio releases first car HYCAN 007 with a maximum range of 643km
On April 10, its two-year anniversary of establishment, GAC Nio's first pure electric SUV HYCAN 007 was launched and began to accept reservations and make deliveries.
GAC Nio HYCAN 007 is scheduled to be listed on April 10
GAC Nio's first model, the HYCAN 007, will be available on April 10, with previously announced pre-sale prices starting at 260,000 yuan.