GAC Group Accelerates Global expansion with Indonesia Plant and Thailand Outlets
Indonesia and sales & battery service centers in Thailand, boosting EV production and sales.">
Guangzhou automobile Co., Ltd. (GAC Group) is considerably expanding its global presence, commencing operations at a new assembly plant in Jakarta, Indonesia, on June 20th. Simultaneously, GAC has established a sales outlet and a battery service center in Thailand, marking a major step in its “One GAC 2.0” strategy focused on electric vehicles.
New Production Hub in Jakarta
The “GAC Indonesia Smart Factory” boasts an initial production capacity of 20,000 units annually, with plans to possibly scale up to 50,000 units based on market demand. This facility will focus on producing New Energy Vehicles (NEVs) and hybrids,including models such as the Aion V,Aion Y Plus,and Hyptec HT. The Jakarta plant allows GAC to locally source these EVs, reducing reliance on imports from China.
The establishment of the plant was made possible through investment from the Indomobil Group, Indonesia’s largest automotive distributor. GAC emphasized its commitment to the Indonesian market, stating it has “come to Indonesia, for Indonesia.”
Did You Know? The global electric vehicle market is projected to reach $823.75 billion by 2030, growing at a CAGR of 18.2% from 2021 to 2030,according to Allied Market Research. [1]
Strategic Sales and Service in Thailand
In Thailand, GAC has launched both a sales outlet and a battery service center. The sales outlet is wholly owned by GAC, while the battery service center is a collaborative effort with UPower Energy. These initiatives also fall under the “One GAC 2.0” umbrella.
the self-operated battery service center represents UPower Energy’s first international venture. It offers extensive battery repair and diagnostic services and holds the distinction of being the first facility in Thailand to receive a license from the Thailand Board of Investment (BOI). This license makes UPower Energy the only company in Thailand’s EV sector to possess three BOI licenses.
Located near GAC’s sales outlet, the battery service center provides customers with convenient, full life-cycle support for their EV products. It integrates into UPower Energy’s existing network of 27 charging stations, with plans to expand to 200 stations by 2027.
GAC Group’s Global Expansion Strategy
Wei Haigang, International President of GAC Group, stated that “Indonesia is a key market in GAC’s global expansion and is at the forefront of our overseas growth strategy. With the inauguration of PT National Assemblers’ assembly plant, we want to strengthen our contribution to economic growth, industrial quality improvement, and sustainable mobility transformation in Indonesia.”
Pro Tip: Companies expanding into new markets frequently enough benefit from partnering with local experts to navigate regulatory landscapes and cultural nuances.
GAC Group’s Production and Sales Expansion: A Summary
| Location | Initiative | Details |
|---|---|---|
| Jakarta, Indonesia | Assembly Plant | “GAC Indonesia Smart Factory,” 20,000 units/year (potential 50,000), NEVs and hybrids |
| Thailand | Sales Outlet | Wholly owned by GAC Group |
| Thailand | Battery Service Center | Partnership with UPower Energy, full life-cycle service |
The Rise of Electric Vehicles in Southeast Asia
Southeast Asia is emerging as a key battleground for electric vehicle manufacturers. Government incentives, growing environmental awareness, and increasing affordability are driving EV adoption in the region. Countries like Indonesia and Thailand are actively promoting EV production and sales through tax breaks, subsidies, and infrastructure development. This makes them attractive markets for companies like GAC Group looking to expand their global footprint.
The indonesian government, for example, has set ambitious targets for EV adoption, aiming for 2 million electric cars and 13 million electric motorcycles on its roads by 2030. Thailand is also offering notable incentives to attract EV investment, including tax exemptions and subsidies for both manufacturers and consumers. These policies are creating a favorable environment for EV growth and attracting major players from around the world.
Frequently Asked Questions about GAC Group’s Expansion
- What is the GAC (Global Assembly Cache)?
- The provided search results mention the GAC (Global Assembly Cache) in the context of .NET development, not related to the GAC Group. The GAC is a machine-wide code cache where .NET assemblies can be installed [1].
- How do I register a .NET DLL file in the GAC?
- You can register a .NET DLL file in the GAC using the `gacutil` command-line tool. [2]
- How can I remove .NET assembly dlls from the server GAC?
- You can remove .NET assembly DLLs from the server GAC if there are conflicts between the project’s ODP and the server having ODP in the GAC. [3]
What are your thoughts on GAC Group’s expansion into Southeast Asia? How will this impact the EV market in the region?
Share your opinions and insights in the comments below!