Recently, GAC Aion has made frequent good news in the new energy market. It first announced that it had completed a round A financing of 18.294 billion yuan, becoming the largest single private equity financing for new energy vehicles in China in recent years. The brand valuation

Recently, GAC Aion has made frequent good news in the new energy market. It first announced that it had completed a round A financing of 18.294 billion yuan, becoming the largest single private equity financing for new energy vehicles in China in recent years. The brand valuation has reached a shocking 103.239 billion, which is basically equal to the total market value of GAC Group A+H, and far exceeds the market value of Hong Kong stock Xiaopeng and Leapmotor .

is being favored by capital market , and its brand sales continue to lead. Data shows that GAC Aion's sales exceeded 30,000 for the first time in September, and hit a new high in October, reaching 30,063 units, surpassing the NIO , the sum of sales of Ideal and Xiaopeng.

The spring breeze is so proud that the horse's hooves are fast. What is the quality of GAC Aion today? In the future, can Aian continue to create miracles and support GAC's future?

The rise of rising stars

There is never no reason for the favor of the capital market. It took GAC Aion only five years to transform from zero to hundreds of billions. As a rising star, it deserves its reputation.

was founded in 2017. Its predecessor was GAC New Energy. At that time, the domestic new energy vehicle track was already crowded. Backed by the traditional fuel car company GAC Group, GAC Aion has been highly expected since its birth and shoulders the mission of leading the group into new energy vehicles. Although the road to breaking through is full of thorns, the Aian , which grew up under pressure, created its own miracle of rise.

In March this year, the mixed-ownership reform implemented by GAC Aion was officially implemented. The completed round A financing also introduced Ganfeng Lithium , SMIC Juyuan, Guangdong Xin Semiconductor and other strategic investors. In addition to significantly improving Aian's own industrial chain and supply chain supply chain, this time, financing has provided strong financial support for Aian to launch new products, layout of upstream and downstream industrial chain and production capacity guarantee (the self-developed and self-produced batteries, automotive chips and other core technologies).

At present, Aian's latest market sales ranks only second in China to the four major giants: BYD , Tesla , SAIC-GM-Wuling , and Geely Auto .

With its outstanding performance and valuation of hundreds of billions of yuan, GAC Aion has completely confirmed its firm position and brilliant prospects in the new energy market. But now Aian, who has fought for a place, has no time to celebrate the victory.

is mixed, and you still need to work hard

Everything needs to be viewed with dialectical thinking. Nowadays, Aian seems to be restless, but behind it, he is mixed.

: It is self-evident about Aian’s “happiness”. It is summarized as three points, and the market has also voted in favor.

The first hit is GAC Aion's current product strength and cost-effective advantage. Since 2020, Aion's sales have achieved a storm like a bamboo for three consecutive years. This is particularly commendable at a time when major new energy vehicle companies are facing performance pressure.

The second best is GAC Aion's current strong financial strength. After financing, GAC Aion has received support from many strong investors, which means that its subsequent investment in new energy research and development can be more at ease and occupy a high ground with its market advantages.

The third joy is its continuous improvement of production capacity and industrial layout. This year, GAC Aion's second intelligent manufacturing center has been put into production, with a regular production capacity of 400,000 and a limit capacity of 600,000 under multiple production shifts. This financing cooperated with a series of key upstream and downstream giants such as the core battery resource party, chip design party, and smart driving collaborative manufacturing party, showing Aian’s good intentions this time. Aion's industrial integration has taken this step to lay a solid foundation for its dominance in the future.

And the "worry" about Aian has been like a thorn in his back since his birth. Although it has backed the state-owned enterprise platform and has strong financial and technical support and unique industrial layout capabilities, Aian’s three hidden diseases have never disappeared.

One of the worries lies in GAC Aion's profit issues. In fact, this has always been a long-standing problem that hinders my country's new energy vehicle companies, and almost every family is in a loss. In the past three years, GAC Aion's losses have continued to expand. From 2019 to 21, GAC Aion's losses were 621 million, 688 million and 1.398 billion respectively. It is trapped in a vicious circle of increasing sales but continuous losses.

The second worry is Aian's brand power. Compared with the current overlords such as Tesla and BYD, the capital investment and technical accumulation in the new energy field, objectively speaking, Aion still has a lot of room to catch up, but it still lacks a certain brand image. Brand image is crucial in the hearts of consumers in the mid-to-high-end market, and this road still has a long way to go.

The third worry is the increasingly " invert " industry status. This is also a problem faced by all new energy vehicle companies. The market is becoming more mature, competition is becoming increasingly fierce, and consumers' consumption ideas are becoming more picky and mature. Whether it is a big car company or a new car company, they have now tried their best to seize the market. Even the giant Tesla once announced that it would launch a car model worth more than 100,000 yuan. Once the price war comes true, the competition in the new energy market will only become more cruel. GAC Aion, which is in the middle of the industrial chain layout, needs to make more efforts to maintain its advantages.

However, Aian has also made many responses today. For example, in September this year, Aian released its high-end pure electric supercar Hyper SSR, with powerful performance of 1.9 seconds, allowing the market to see Aian's huge breakthrough in new energy technology and performance. In November, Aion successively released AEP3.0 pure electric exclusive platform and Xingling Electronics and Electrical Architecture, which integrates Fengyun-3 infrared remote sensing technology, focusing on improving handling and safety, and subtle perception of road conditions, allowing consumers to dare to install and use smart driving systems, further pushing my country's underlying new energy technology to a new height, and also showing its ambition to catch up with Tesla.

Of course, I can’t eat hot tofu in a hurry. Although Aian has significant advantages now, if he wants to continue to expand his territory in the new energy field for GAC in the future, he still needs to make more efforts.

summary

From financing, listing, and then to transformation to high-end, GAC Aion has created countless miracles. Holding powerful resources, with a strong limelight, and promising prospects. However, in the current fiercely competitive new energy vehicle market, we have to face it facing the fact that it is currently in the quagmire of losses. The conquest of core technologies and the layout of the industrial chain are still in full swing to prepare and sprint. Aian's future is actually still full of variables.

But the development history of GAC Aion has always been commendable. In recent years, it has risen under pressure and achieved success on the Red Sea. I believe that Aian's future will be as Gu Huinan, general manager of GAC Aian, said, "Aian will spare no effort to exert Aian's own wisdom in the future, and jointly promote the progress and development of science and technology and benefit the world." So, let's wait and see!