State-owned automaker struggled against rivals like BYD, Geely in EV arena
GAC's Aion line of new energy vehicles was previously seen as a success, but sales have fallen.
Guangzhou Automobile Group (GAC), a major Chinese state-owned automaker, is struggling with intense price competition in electric vehicles, finding itself at one point in 2025 losing 8,300 yuan ($1,225) per sale of its own-brand models
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An ex-business owner who turned private trader applying technical analysis to trade major FX pairs and indies, commodities and KL futures. He used to write a weekly column in a Chinese daily on local futures markets. A self confessed stern supporter of the Far Right and nothing apologetically about it.
Tun Marvin is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities you should buy or sell for themselves. I may hold positions in the financial instruments discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading all financial instruments. I assume no responsibility or liability for your trading and investment results. Factual statements on this blog site are made as of the date stated and are subject to change without notice.
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