GAC Aion to enter Thailand market - Chinese EV brand to start selling cars in Q3; local assembly planned - paultan.org

  • 📰 paultan
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Chinese EV brand Aion, which is part of the GAC Group, has announced it will enter the Thailand market this year, with plans to start selling cars in Q3.

Chinese EV brand Aion, which is part of the Guangzhou Automobile Group , has signed a memorandum of understanding with Gold Integrate, its first overseas distributor based in Thailand,The agreement covers the establishment of a local Aion subsidiary that will see the establishment of a sales division by July this year, followed by a roll out of models within the third quarter. The company will also work with local dealerships, with no less than 30 distribution outlets planned for this year.

Additionally, Thailand will also host Aion’s headquarters in Southeast Asia that will serve as a hub for future business expansion into surrounding areas. The report also pointed out that preparations for production will commence at a manufacturing subsidiary.

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in US

United States United States Latest News, United States United States Headlines