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BizportalEconomy

GAC Unveils New Electric and Plug-in Hybrid SUVs for Europe and Israel

Translated & summarized from Bizportal by baba

BusinessNeutral tone

Hebrew · Sole source

Chinese automaker GAC has unveiled new electric and plug-in hybrid SUVs, the Aion Yut and GS7, at the Paris Motor Show, with plans to launch them in Europe and Israel next year. The company is expanding its European presence to 20 countries and has begun local production in Austria. GAC reported a 136% increase in exports for the first eight months of the year, surpassing 30 million vehicles produced since its founding.

The story in 5 lines · by baba

  • GAC is launching new electric and plug-in hybrid SUVs, the Aion Yut and GS7, in Europe and Israel next year.
  • The Aion Yut offers a 400 km range, 60 kWh battery, and fast charging capabilities.
  • GAC plans to expand its European operations to 20 countries by year-end.
  • Production of some models for Europe has commenced at a facility in Austria.
  • The company's exports increased by 136% in the first eight months of the year.

Chinese automaker GAC is showcasing two new vehicle models at the Paris Motor Show, both slated for release in the European market and Israel next year. The new models include the Aion Yut, an electric SUV, and the GS7, GAC's first plug-in hybrid for Europe. These vehicles are part of GAC's broader strategy to expand its European presence to approximately 20 countries by the end of the year. The Aion Yut joins the Aion Yut, which was recently launched in Israel. Designed at GAC's Milan design center, the new Yut model combines the dimensions of a city car with SUV characteristics, featuring a chassis adapted for European driving conditions. It is equipped with a 60 kWh battery offering a range of 400 km according to European standards, and supports fast charging from 30% to 80% in 24 minutes. The vehicle also boasts a 2.75-meter wheelbase, 440 liters of cargo space, and safety features including seven airbags and smartphone integration.

The GS7 plug-in hybrid model integrates a gasoline engine with electric propulsion, allowing for external battery charging. Built on GAC's new platform, it can operate in electric-only mode, hybrid mode, or as a range extender where the gasoline engine generates electricity. The GS7 is expected to be GAC's first non-electric-only model in Europe, alongside the hybrid minivan GN8. GAC is exhibiting a total of six models in Paris, including the electric Aion V and Aion Yut already sold in Israel, the Hyper HT SUV, the GS7 plug-in hybrid, the GN8 hybrid minivan, and the new Aion Yut.

GAC is expanding its European operations from ten to about 20 countries by year-end, with plans for over 180 sales and service points in the UK, Germany, France, Italy, and Spain. Production of the Aion V and Aion Yut for Europe has already begun at a Magna facility in Graz, Austria. This local production complements GAC's Milan design center and a planned European R&D center for 2027. The company also operates a parts center in the Netherlands, capable of dispatching orders within 36 hours. GAC is launching a new service program, GAC Care Plus, in Europe, offering roadside assistance, repair support, multilingual customer service, and digital vehicle management tools.

In terms of company performance, GAC exported over 172,000 vehicles between January and August, a 136% increase year-on-year. The company operates in 118 countries and surpassed 30 million vehicles produced and sold since its inception in July. GAC is listed on the Hong Kong and Shanghai stock exchanges with a market value of approximately 45 billion yuan, and its cumulative R&D investments exceed 8.6 billion euros.

BizportalOther · Tel Aviv

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