Automotive Jul 27, 2021 05:38 PM (GMT+8) · EqualOcean
GAC group said in a statement on Tuesday that by 2035, the company will strive to produce and sell 5 million vehicles, with new energy vehicles accounting for 50%. The statement said that by 2025, the group's automobile production and sales volume will reach 3.5 million, with a market share of more than 12%; New energy vehicles account for 20%. In 2020, GAC group's share in the new energy vehicle market will be 5.7%. The company plans to build GAC Zhilian new energy vehicle industrial park into an independent brand intelligent networked new energy vehicle industrial cluster in Dawan District, Guangdong, Hong Kong and Macao with global competitiveness through a total investment of 85-100 billion yuan.
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