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China’s GAC Auto Launches Electric SUV
China’s Guangzhou Automobile Group Co. launched sales off its all-electric GE3 SUV last weekend in Shanghai.
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China’s Guangzhou Automobile Group Co. launched sales of its all-electric GE3 SUV last weekend in Shanghai.
Pricing in China starts at 150,200 yuan ($22,200). Sales in other markets will start later.
GAC introduced its first hybrid vehicle in 2012 and aims to sell 200,000 hybrids and all-electric models worldwide by 2020. The company is targeting total sales of 1 million vehicles per year by that time. it sold 250,000 vehicles through the first six months of 2017.
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