Chinese auto giant GAC targets 17-fold boost to European sales by 2027
AION V is one of the cars in which Gac is released in Europe because it tries to expand its existence in the region. AION V is on display at the company’s stand at the IAA Mobility Auto Show in Munich, Germany on 9 September 2025.
Arjun Kharpal | CNBC
The Guangzhou Automobile Group (GAC) aims to increase the sales of European electric car in the next two years 17 times and became the latest Chinese player who seized the traditional car manufacturers of the region through aggressive expansion.
The entrance of the Chinese state manufacturer, which has recently attracted attention from players from the second largest economy in the world, will worsen the competition in the intense European market. XPENG.
GAC’s presence will probably add pressure on European giants – BMW And Mercedes – This tried to fight the Chinese participants with their electric vehicles.
“One of our five largest markets in Europe. A strategic market. We hope that Europe will form a large part of our overseas market,” said Gac International President Wei Haigang.
Wei said Gac hoped to sell about 3,000 cars in Europe this year before increasing this goal to 15,000 in 2026 and at least 50,000 units in 2026 and at least 50,000 units.
Aion V and Aion UT showed completely electric cars on the IAA show this week. Wei said the company wants to release a Plug-in Hybrid car in Europe in the future.
The targets are aggressive, but Chinese companies come as they continue to enter Europe’s electric vehicle market. In the first half of the year in Europe, the market share of Chinese car brands has almost doubled from the same period last year. JATO dynamics. While the market share remained small slightly above 5%, he recorded rapid growth.
Despite the European Union’s tariffs on Chinese -made houses, GAC sets landscapes about expansion and the company says it looks at local production in Europe.
“We hope that the Chinese government and the European Union can negotiate more to reduce tariffs,” Wei said. He said. “In the future, we hope to accelerate manufacturing localization. [can] Create production capability for Europe to serve European markets better. “
