Feng Xingya, General Manager of GAC Group, announced at the Guangzhou Auto Show yesterday that the "GAC Aion" brand will operate independently in order to build a high-end technology brand.

GAC Aion's General Manager, Gu Huinan, formally announced the company's name change to "GAC Aion New Energy Vehicle Company Limited", and the new company will be positioned as a high-end smart electric vehicle brand.

At the same time, the fourth model of the Aion family - Aion Y - was released. According to the company, the model is designed for young people who want to be trendy and innovative and has a bold color scheme.

The Aion Y is based on the exclusive GEP 2.0 all-electric platform, which gives the 2-meter 75-meter wheelbase A-Class SUV good interior space.

The Aion Y is equipped with the flagship ADiGO 3.0 autopilot system, full-scene one-touch remote parking, and memory parking function.

The Aion Y is expected to be priced at less than RMB 180,000 yuan.

GAC Group started its new energy vehicle business in 2011 and established GAC New Energy Corporation in 2017.

After three years of rapid development, the company has innovated a large number of technological achievements in the EV and ICV fields, built a new ecology of marketing services, and launched the new GAC Aion series of products.