GAC plans to expand production capacity in Europe

Image: GAC

Guangzhou Automobile Group (GAC) plans to expand its production capacity in Europe. According to Automotive News, the goal is to support the planned large-scale introduction of vehicles in key markets.

Cedric Lacour, vice CEO of GAC France, said that options for utilizing production capacity in Europe are currently being evaluated. Both partner Magna and other investors are under consideration. The company already produces for European markets through contract manufacturer Magna.

GAC has expanded its presence in Europe to countries such as Finland, Greece, Poland, Portugal, Spain, and the United Kingdom. At an event in Paris, the company also unveiled the compact electric vehicles Aion UT and Aion V, the first models for the French market.

According to Lacour, the company founded in 1997 aims for a long-term presence in Europe, which requires production capacity. When asked about a possible delay compared to competitors, he said the company is entering the market at the perfect time.

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