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17 October 2023

Daily Newsletter

17 October 2023

GAC’s Aion begins production of its first Hyper SSR supercar

Says era of supercar segment monopolised by Ferrari and Lamborghini “has been ended by China”

Dani Cole October 17 2023

Aion, the EV unit of Chinese state-owned automaker Guangzhou Automobile (GAC), has said it has started line production of its first supercar.

The Hyper SSR is China’s first electric luxury supercar, which Aion says has been fully developed and manufactured in China.

It was first unveiled in 2022, with deliveries planned for October 2023.

Available in three variants, it features a carbon fibre body, 900V silicon carbide chips and a Quark e-motor. It carries a starting price of 1.28 million yuan ($176,380).

In a statement, Aion said that with the launch of the Hyper SSR, the era that Ferrari and Lamborghini have monopolised in the supercar segment “has been ended by China.” It comes as Chinese automakers – which are dominating the EV race –  seek to further rival Western car manufacturers.

Earlier this year Aion announced that it would begin assembly of EVs in Thailand by June 2024.

APAC leads the Connected Vehicle Technologies market in 2023

The France foodservice profit sector generated revenue of EUR125.2 billion in 2022 and is forecasted to record a CAGR of over 5% during 2022-2027 driven by an increase in the transaction count. QSR was the largest profit sector channel in 2022, followed by FSR, accommodation, and others. QSR’s popularity reflects the growing preference for convenient and affordable food offerings.

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