GAC Group's 30-millionth complete vehicle rolls off the production line

Published: Jul 17, 2026 18:30

On July 16, GAC Group announced its 30 millionth finished vehicle rolled off the production line, which is the overseas version of M8 PHEV. Following FAW Group, SAIC Motor, Dongfeng Motor and Changan Automobile, GAC becomes China’s fifth automotive conglomerate to hit the 30-million-unit production milestone.

GAC Group stated that the output of 30 million vehicles represents the choice and trust of 30 million household customers. Statistics show the group sold 144,866 vehicles in June, down 3.47% year-on-year; cumulative sales for the year reached 773,085 units, a year-on-year increase of 2.35%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China to Exempt Sodium-Ion, Solid-State and Other New Battery Technologies from Consumption Tax
Common.Time.hoursAgo
China to Exempt Sodium-Ion, Solid-State and Other New Battery Technologies from Consumption Tax
Read More
China to Exempt Sodium-Ion, Solid-State and Other New Battery Technologies from Consumption Tax
China to Exempt Sodium-Ion, Solid-State and Other New Battery Technologies from Consumption Tax
China's Ministry of Finance, General Administration of Customs and State Taxation Administration announced that, effective September 1, 2026, consumption tax policies for certain battery products will be adjusted in phases. Under the new policy, sodium-ion batteries, solid-state batteries, fuel cells, and photovoltaic batteries including perovskite, tandem and gallium arsenide cells will be exempt from consumption tax.
Common.Time.hoursAgo
Putailai Expects H1 Net Profit to Rise 33%-42% as Lithium Battery Product Shipments Grow
Common.Time.hoursAgo
Putailai Expects H1 Net Profit to Rise 33%-42% as Lithium Battery Product Shipments Grow
Read More
Putailai Expects H1 Net Profit to Rise 33%-42% as Lithium Battery Product Shipments Grow
Putailai Expects H1 Net Profit to Rise 33%-42% as Lithium Battery Product Shipments Grow
Putailai expects its first-half 2026 net profit attributable to shareholders to reach 14-15 billion yuan, up 32.66%-42.14% YoY. The company said global energy transition continued to drive demand for electric vehicles and energy storage, while exports of EV, energy storage and battery-related products remained strong. Against a backdrop of tight upstream material and equipment supply and lagging battery supply chain capacity expansion, shipments of the company's major lithium battery products increased during the period.
Common.Time.hoursAgo
Zhenyu Technology Expects H1 Profit to Double on Strong Energy Storage Battery Demand
Common.Time.hoursAgo
Zhenyu Technology Expects H1 Profit to Double on Strong Energy Storage Battery Demand
Read More
Zhenyu Technology Expects H1 Profit to Double on Strong Energy Storage Battery Demand
Zhenyu Technology Expects H1 Profit to Double on Strong Energy Storage Battery Demand
Zhenyu Technology expects its first-half 2026 net profit to rise 98.72%-117.65% YoY to 4.2-4.6 billion yuan. The company attributed the growth to strong demand from the lithium battery market, particularly the energy storage battery segment, which drove sales growth. It also cited the gradual ramp-up of new motor core capacity, higher capacity utilization, increased automation, and cost optimization as key contributors to improved profitability.
Common.Time.hoursAgo
On July 16, GAC Group announced its 30 millionth finished vehicle roll - Shanghai Metals Market (SMM)