601238 Guangzhou Automobile Group
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Guangzhou Automobile Group News
Guangzhou Automobile Group (601238.SH): Development of a composite wing architecture flying vehicle
Gelonghui, May 9丨Guangzhou Automobile Group (601238.SH) said on an interactive platform that in addition to the “GAC GOVE” multi-rotor flying car, the company is also simultaneously developing a composite wing type flying vehicle.
Express News | The Ministry of Commerce introduced the relevant situation of the “Automobile Trade-in Subsidies Implementation Rules”
Guangzhou Automobile has “entered the circle” and NIO's “Power Exchange Alliance” has already seven car companies Li Bin: there are more brands to join
① On May 8, NIO Auto and Guangzhou Automobile Group announced that they have reached a strategic cooperation for charging and switching; ② Up to now, NIO has established more than 2,400 power exchange stations nationwide, and plans to build 1,000 more power exchange stations in the future; ③ The power exchange service will be a particularly important “moat” for NIO's future development.
BMW CEO warns that the EU's imposition of tariffs on Chinese electric vehicles is to “take a stone and hit yourself in the foot”
① Under von der Leyen's strong impetus, the EU will decide whether to impose additional tariffs on Chinese electric vehicles during the year; ② The BMW CEO warned that implementing the tariff policy could be counterproductive and endanger Europe's green transformation.
Guangzhou Automobile Group (601238) Series Review 7: Autonomous and Steady, Accelerating Smart Driving for the Better
Event Overview: The company released the April 2024 production and sales report. In April 2024, the company sold 133,000 vehicles in wholesale sales, -24.8% YoY, -25.7% YoY; total sales for January-April 54.3
GAC's April Production, Sales Fall; Hong Kong Shares Up 3%
Guangzhou Automobile Group's (SHA:601238, HKG:2238) total car production slid 17% to 146,278 units in April from 177,065 units in the year-ago period, while sales fell 25% to 133,313 units from 177,22
Express News | Raymond claims the US could take “extreme measures” to ban Chinese connected cars from entering the US
Mood Toward NEV Stocks Brightens
Listed Chinese new energy vehicle makers can look forward to their stocks performing well in capital market on the back of their robust production and sales numbers, which will be further boosted by the country's supportive policies, market insiders said.
Featured announcements | BeiGene's Q1 revenue increased nearly 70% year on year; GAC's sales fell nearly 25% year on year in April
① BeiGene's revenue increased by nearly 70% in the first quarter. What is the profit situation? ② GAC's sales volume fell by about 24% during the year. How much was the impact on sales in April?
GAC Group April 2024 Production and Sales Report
Guangzhou Automobile Reports Lower Production, Sales for April
Guangzhou Automobile Group (HKG:2238) manufactured 146,278 vehicles last month, marking a 17.39% decline from April 2023's production volume, according to Wednesday's filing with the Hong Kong bourse.
Buy Rating Justified by Guangzhou Automobile Group's Growth Prospects and Joint Venture Strategies
Express News | Guangzhou Automobile Group: “May 1st” Golden Week received nearly 80,000 new car orders
Guangzhou Automobile Group (601238.SH): A city NDA function that does not rely on high-precision maps has been released and is now being installed on Hopper models
Gelonghui, May 8 | Guangzhou Automobile Group (601238.SH) said on an interactive platform that “autonomous driving”, as a concentrated expression of automobile intelligence, is an area where GAC Group has continued to increase investment in independent research and development in recent years. At present, GAC has achieved technology development and application capabilities from L2 to L4, and has simultaneously laid out two major technology routes: mainstream “multi-sensor fusion technology” and forward-looking “picture-free vision technology” in the field of autonomous driving technology. On April 12, 2024, GAC Group released the first imageless visual intelligent driving system. The relevant technology does not require high-precision maps and lidar, combined with vision sensors and industry leaders
Guangzhou Automobile Group (601238.SH): Plans to launch flying vehicle demonstration operation in 2025
Gelonghui, May 8 | Guangzhou Automobile Group (601238.SH) said on an interactive platform that GAC Group began exploring the layout of a three-dimensional transportation business model including flying cars in 2021. The industry's first land and air amphibious flying vehicle “GAC GOVE” achieved its first flight in the world in June 2023, and completed its first manned flight test in the same year. With the goal of engineering verification, GAC is promoting technical upgrades and project implementation. Currently, it has carried out more than 300 tests. It is planned to launch a flying vehicle demonstration operation in 2025, and to achieve “multiple sites - ground transportation - air in the Greater Bay Area in 2027
GAC Group (601238.SH): The GAC AI large model platform is undergoing continuous testing and iteration, and its adaptability to various large models is also in the testing stage
Gelonghui, May 8 | Guangzhou Automobile Group (601238.SH) said on the interactive platform that GAC's AI large model platform gathers structured data to the AI platform based on massive vehicle usage and R&D data sets, and forms various specific scenario models through central platform training. The platform can flexibly call multiple models according to application needs to obtain optimal inference results. Currently, the GAC AI large model platform is undergoing continuous testing and iteration, and its adaptability to various large models is also in the testing stage.
GAC Group (601238.SH): At the 2024 Beijing Auto Show held recently, GAC Trumpchi announced that it had reached an in-depth cooperation with Huawei
Gelonghui, May 8 | Guangzhou Automobile Group (601238.SH) said on an interactive platform that the cooperation between GAC and Huawei began in 2017 and is one of the first domestic car companies to cooperate with Huawei. In 2017, GAC and Huawei launched strategic technology cooperation in the field of intelligent connected electric vehicles to achieve mass production and installation of multiple systems; in September 2020, the two sides signed an agreement to deepen strategic cooperation to jointly build a digital platform for sustainable iterative upgrading based on collaborative research on intelligence, connectivity, and electrification. Since 2024, the Trumpchi M8 Grandmaster Pioneer Edition was the first to be equipped with the “Huawei Vehicle Operating System”, and at the same time widely
Express News | GAC Group: “GAC GOVE” flying car has a maximum range of 30km
Guangzhou Automobile Group (02238.HK) sold about 543,000 vehicles in the first 4 months
Guangzhou Automobile Group (02238.HK) announced that the automobile production in April 2024 was 146,278 units, with a cumulative production of 549,081 vehicles; in April 2024, the automobile sales volume was 133,313 units, and the cumulative sales volume for the year was 543,011 vehicles.
GAC Group (02238) sold about 543,000 vehicles in the first 4 months
Guangzhou Automobile Group (02238) announced that in April 2024, automobile production was 146,278 units, this...
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