GAC GROUP's Strategic Focus on Diverse Energy Vehicles for Future Growth
Key Ideas
- GAC GROUP's General Manager, Feng Xingya, highlights the company's commitment to developing a range of energy vehicles, including hydrogen fuel cells.
- The Group plans to concentrate on creating star products like EVs, PHEVs, REEVs, HEVs, and hydrogen fuel cell vehicles to meet market demands.
- 2025 is anticipated to be a significant year for GAC GROUP's brand with the introduction of several PHEV and REEV models, showcasing their determination towards a sustainable future.
- The announcement was made during the 2024 International Forum on Chinese Automotive Industry Development in TEDA.
During the opening ceremony of the 2024 International Forum on Chinese Automotive Industry Development in TEDA, Feng Xingya, the General Manager of GAC GROUP, revealed the company's strategic roadmap. Feng emphasized that GAC GROUP will concentrate its efforts on developing standout products in various energy vehicle categories, including electric vehicles (EV), plug-in hybrid electric vehicles (PHEV), range-extended electric vehicles (REEV), hybrid electric vehicles (HEV), and hydrogen fuel cell vehicles. By diversifying their product portfolio, GAC GROUP aims to cater to evolving consumer preferences and contribute to a more sustainable automotive industry. Feng also mentioned that 2025 will be a pivotal year for the company's own brand plug-in products, with plans to launch a diverse range of PHEV and REEV models. This strategic focus on introducing eco-friendly vehicles aligns with GAC GROUP's vision for innovation and environmental responsibility. The announcement received positive reception at the forum, highlighting the industry's anticipation of GAC GROUP's future developments in the energy vehicle segment.