GAC Group cooperates with Brazilian universities and plans to invest 5 billion reais in Brazil

GAC Group recently signed cooperation agreements with three Brazilian universities in order to strengthen its business layout in Brazil. GAC Group plans to invest about 5 billion reais in Brazil in the next five years. This cooperation not only includes training Brazilian professionals, but GAC also plans to produce its models in Brazil, among which GAC AION S may be the first model introduced. GAC's long-term goal is to establish a base that can produce a full range of electric and hybrid vehicles and become a local R&D center.