Chinese carmaker GAC aims for production capacity in Brazil by 2030

Chinese carmaker GAC aims for production capacity in Brazil by 2030 Chinese carmaker GAC aims for production capacity in Brazil by 2030

SHANGHAI — Chinese state-owned automaker Guangzhou Automobile Group (GAC) plans to establish supply chains to produce vehicles in Brazil by 2030 as part of a push to expand sales there.

GAC recently unveiled five models at an event in Sao Paulo, including the Aion V and Hyptec HT electric sport utility vehicles. The automaker aims to integrate into Brazil and contribute to the country, GAC International President Wei Haigang said.