GAC invests in electric drive field, Ruipai Power Technology goes into production

GAC Group has started to invest in the electric drive field since 2022, and has jointly invested in Ruipai Power Technology Co., Ltd. with GAC Aion and GAC Passenger Car, with a total investment of 2.16 billion yuan. The company will focus on the independent research and development and industrialization of IDU electric drive systems and electronic controls, and is expected to achieve an annual output of 400,000 sets of IDU electric drive system assemblies and 100,000 sets of GMC hybrid electric-electric coupling system motors and electronic control systems by 2025.