Procurement News Notice
With growing demand driven by EV models like the AION V and AION UT, the companies plan to scale up deployment across GAC''s production and logistics operations.
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(A rendering of the design of GAC Aion's battery base project. Credit: GAC Aion) GAC Aion, the new energy vehicle (NEV) sub-brand of GAC, has officially started construction of its power battery project, marking one of the most high-profile moves by an automaker into battery manufacturing.
GAC Aion's project, located in Guangzhou, where it is headquartered, officially broke ground on December 11 with a planned total investment of 10.9 billion yuan ($1.57 billion), according to a press release yesterday.
The production site's workshops are expected to be delivered in October 2023, with the first production line with a capacity of 6 GWh to be completed by March 2024 and all 36 GWh to be completed by the end of 2025, GAC Aion said. After the entire line is completed, the plant can meet the battery needs of 600,000 vehicles, the company said.
GAC Aion expects to build up to 2,000 stations with both charging and battery swap capabilities in 300 cities in China by 2025, according to the release. Behind the launch of GAC Aion's power battery site construction is the pressure on car companies due to the dramatic rise in battery costs over the past two years.
With growing demand driven by EV models like the AION V and AION UT, the companies plan to scale up deployment across GAC''s production and logistics operations.
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The project will have a 8 MW solar energy facility, a 12 MW wind power facility, and a 8.25 MW lithium-ion battery energy storage system. The project is expected to be completed in 2023, and will supply
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PowerVault will lead project investment and asset management, while GAC Energy will coordinate resources and provide EV charging and energy storage solutions, along with an
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The total investment of this project is 1.2 billion US dollars, and upon completion, it will become one of the largest photovoltaic energy storage projects in the United States.
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If you''re an EPC contractor, project developer, or a caffeine-dependent engineer scrolling through yet another article on energy storage photovoltaic bidding documents, welcome!
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A recent partnership with BYD suggests we might see GAC Aion''s tech in next-gen EVs by 2025. Now that''s what you call killing two birds with one stone – improving both renewable storage and electric
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The partnership leverages each side''s strengths to foster sustainable, mutually beneficial development across three key areas: 1. Co-development of solar-energy storage-NEV charging
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As a joint venture, GAC Energy is primarily owned by GAC Group, which holds a 55% stake, while GAC AION holds the remaining 45%. The company was founded with an initial registered capital of 1
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GAC Aion''s project, located in Guangzhou, where it is headquartered, officially broke ground on December 11 with a planned total investment of 10.9 billion yuan ($1.57 billion), according
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