According to news on January 6, GAC Group recently released a production and sales report for December 2022. The data shows that the sales volume of cars in December was 206,000; in 2022, a total of 2,479,900 cars will be produced and 2,433,800 cars will be sold, a year-on-year increase of 16.0% and 13.5% respectively.

In terms of new energy vehicles, GAC Group achieved a cumulative production and sales of 315,886 and 309,548 vehicles respectively in 2022, representing year-on-year growth of 118.3% and 116.7% respectively.

In December, the monthly sales of AION S and AION Y reached 13,832 units and 14,311 units respectively.

The new Hyper GT is based on the new generation of pure electric exclusive platform AEP 3.0 and is also the first model of the Hyper series to be equipped with the Starling architecture, which is expected to be launched in 2023 and priced at around 300,000 yuan.

In December 2022, the construction of the RuiPai Power Technology Co., Ltd. in the GAC Smart New Energy Vehicle Industrial Park officially started. According to the official projection of EAN, the plant is expected to be delivered by the end of 2023, and by 2025, it will be able to produce 400,000 sets of IDU electric drive system assembly and 100,000 sets of GMC hybrid electric coupling system motor and electric control system annually.

In 2022, the Guangzhou Auto Show will see the official launch of the new generation GS3 Shadow Speed, which is based on GPMA and equipped with a third-generation 1.5T direct injection engine + 7WDCT. power combination. It is worth mentioning that at the press conference, GAC announced that the first model of GAC equipped with the new “vehicle cloud integration” Starling electrical and electronic architecture will be officially unveiled in 2023.

As for the joint venture brands, in 2022, GAC Toyota produced a total of 1,009,265 vehicles, an increase of 22.6% year-on-year, and sold a total of 1,005,000 vehicles, an increase of 21.4% year-on-year, successfully reaching its annual target of one million sales. In 2022, GAC Honda produced 767,826 vehicles and sold 741,808 vehicles.

At the Guangzhou Auto Show in 2022, GAC Group released the 2030 “Trillion GAC 1578 Development Plan”, which proposed to achieve the target of over 4.75 million vehicles, 1 trillion revenue and 100 billion profit tax by 2030. For 2023, GAC Group said it will challenge the target of 10% year-on-year growth in automobile production and sales.