Recently, Ruipai Power Technology Co., Ltd., jointly invested by GAC Group, GAC Aion, and GAC Motor and controlled by GAC Aion, was officially incorporated with a registered capital of RMB 900 million.

The company focuses on independent R&D and industrialization of IDU electric drive systems. It is also devoted to realizing the integration of R&D, trial production, testing, and mass production of independent electric drives. It is anticipated to invest RMB 2.16 billion in the next few years. Moreover, Aion will enter a new stage of self-development and self-production of electric drives.