GAC Aion sold 45,025 EVs in July, up 80% year on year

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On August 1, GAC Aion announced its sales data for July. During the month, GAC Aion sold 45,025 new cars, marking an 80% increase compared to the previous year, from January to July.

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This robust performance contributed to a remarkable year-on-year growth of 103% in cumulative sales from January to July, with 254,361 vehicles sold during this period.

Aion’s popularity is evident from the closed insurance data, which indicates that BYD’s pure electric vehicle registrations exceeded 100,000 in July, and Tesla’s registrations reached approximately 30,000 during the same month. So, Aion secured second rank in pure electric vehicle sales in the Chinese market in July.

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The GAC Aion Hyper GT launched five different configuration models in July, with sales prices ranging from 219,900 to 339,900 yuan (30,700 to 47,400 USD). Positioned as a pure electric mid-size sedan and built on GAC’s new AEP 3.0 platform. In July, the GAC Aion Hyper GT variant recorded sales of 2,011 vehicles.

GAC Aion has sold over 40000 pure EVs for five consecutive months and currently ranks third in the Chinese market for pure EV sales.

Editor’s Comment

At present, the monthly sales of Aion have continuously exceeded 40000 units, and according to this trend, the sales of Aion are expected to reach over 450,000 units in 2023. As a brand that only produces pure EVs, Aion saw a significant increase in sales performance from January to July 2023. In the first half of 2023, with the overall EV market in China growing by 30%, Aion grew by over 100%.
But some industry insiders are also concerned about Aion’s prospects for two reasons. Firstly, Aion’s sales of mid to low-end models (priced below 20,000 USD) exceed 90%. Second, more than 50% of Aion’s sales are sold to taxis and ride-hailing. With the saturation of China’s ride-hailing companies, this part of the demand may decline.

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Source: Aion; iTHome

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