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GAC Aion UT Selling Price Cut by RMB20K; Entry into European Mkt Planned at End-yr at Earliest
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GAC GROUP (02238.HK) (601238.SH)'s GAC Aion UT was officially launched a few days ago. Positioned as a pure electric hatchback sedan, the new car is available in a total of 5 models, with prices ranging from RMB69,800 to RMB101,800, which is RMB20,000 lower than the pre-sale price of RMB89,800-RMB109,800, beating market consensus.

Zhang Fan, Vice President of GAC R&D, added that Aion UT plans to enter the European market by end-2025 or early-2026, according to National Business Daily.
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