GAC Aion started transport its first export cargo of autos to Thailand, marking the official launch of its efforts to enter the worldwide markets.
(Picture credit score: GAC Aion)
GAC Aion, the electrical automobile (EV) subsidiary of GAC Group, has begun transport its first batch of EVs to Thailand, after asserting plans to enter the nation in late June.
On August 21, GAC Aion’s first exported autos, 100 models of the Aion Y Plus, had been loaded onto a ship at Guangzhou’s Nansha Port and started transport to Thailand’s Port of Laem Chabang, the corporate introduced as we speak.
That is GAC Aion’s first cargo of autos to an abroad market and is a milestone occasion in its internationalization journey, it mentioned.
The Aion Y Plus autos are GAC Aion’s right-hand drive model constructed particularly for the Thai market and have been licensed by native transportation authorities, in keeping with the corporate.
Thailand, as an necessary economic system in Southeast Asia, has a broad market outlook and nice potential for development, GAC Aion mentioned, including that it’ll arrange its Southeast Asian headquarters in Thailand inside this 12 months and that localized manufacturing can also be below lively preparation.
On June 28, GAC Aion signed a memorandum of cooperation with a Thai distributor to enter the Thai market, in keeping with its earlier announcement.
GAC Aion is among the top-selling EV manufacturers in China, promoting 45,025 autos in July, the fourth consecutive month with greater than 40,000 models, in keeping with knowledge it introduced earlier this month.
Within the January-July interval, GAC Aion bought 256,361 autos, up 104.62 % year-on-year, knowledge monitored by CnEVPost confirmed.
Southeast Asia, particularly Thailand, has develop into an necessary abroad marketplace for mass-market-oriented Chinese language EV manufacturers to concentrate on. However, Nio (NYSE: NIO) and Xpeng (NYSE: XPEV), whose autos are priced at larger costs, are focusing their efforts primarily on the European market.
On August 24, 2022, Neta introduced the launch of the right-hand drive model of the Neta V EV in Thailand as its first mannequin provided there. On March 10 of this 12 months, Neta laid the groundbreaking for its plant in Bangkok, Thailand, which will likely be its important manufacturing base for constructing right-hand drive EVs for export to ASEAN.
BYD launched its compact Dolphin EV to native prospects on July 6 with its Thai associate Rêver Automotive.
GAC Aion’s Hyper model says it has constructed 14 swap stations