GUANGZHOU, China, Nov. 17, 2024 /PRNewswire/ -- On November 15, at the 22nd Guangzhou International Auto Show, GAC's self-owned brands unveiled three groundbreaking models. Alongside these vehicle debuts, GAC Group introduced its three-year strategic initiative – "Panyu Action" – which aims to increase the share of self-owned brands to over 60% of total group sales by 2027, targeting 2 million units in sales.
Designed to drive GAC Group's transformation, "Panyu Action" is expected to enhance operational efficiency and position the company for sustained high-quality development. This strategic initiative is expected to help GAC strengthen its leadership within both domestic and international automotive markets.
Feng Xingya, President of GAC Group, stated, "GAC Group has taken a solid step forward in its new phase of transformation. We will forge ahead with determination and live up to expectations, presenting an all-new GAC to everyone over the next three years!"
In line with its vision, GAC Group has invested over 50 billion yuan in independent research and development. The company plans to invest an additional 50 billion yuan in the next three years to support its "Panyu Action" initiative, reinforcing its commitment to remain at the forefront of technological innovation in the automotive industry.
"Right now, GAC's global expansion is entering a new phase, with vehicle exports and local production moving forward together," said Wei Haigang, President of GAC International. " We will continue to expand international markets, with plans to reach 100 countries and regions by 2027, and export 500,000 vehicles."
As part of its growth strategy, GAC Group unveiled three standout models at this year's auto show: the S7, GAC's first advanced intelligent vehicle, featuring AI-driven ambient lighting with eight preset expressions for personalized interaction; the Aion UT, the third global strategic model from Aion, with bold headlights and a hatchback design that embodies a unique, free-spirited style; and the HYPTEC HL, GAC's luxury intelligent flagship SUV, which combines yacht-style wraparound design with zero-gravity seats for an unmatched luxury electric driving experience.
These new models highlight GAC Group's dedication to leading the smart electric vehicle market, with plans for their introduction to international markets as part of the company's ongoing global expansion strategy.
Looking ahead, GAC Group remains committed to delivering better products, services, and experiences to consumers worldwide, enhancing mobility solutions and enriching the lives of customers across the globe.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
GAC Group Showcases New Energy Vehicles and Unveils "Panyu Action" at the 22nd Guangzhou International Auto Show
ORDOS, China, Nov. 17, 2024 /PRNewswire/ -- Arrctech, the world's solar tracking and racking solutions provider, announced that its 1P single-axis dual-row solar tracking system SkyWings has facilitated the on-time grid connection of Mengxi Blue Ocean Photovoltaic Power Station, the world's largest single-capacity solar plant built on coal mining subsidence area. By adopting SkyWings, the plant's annual average grid-connected capacity is enhanced by an impressive 7.41%, greatly improving the ROI.
SkyWings, equipped with Arctech's synchronous multi-point drive mechanism and innovative torque tube design with exceptional bending and torsion resistance, can maintain normal operation even in wind speeds of up to 18m/s (level 8 gale), resulting in an increase of up to 2% in power generation. Powered by its second-generation AI algorithm, SkyWings can calculate the optimum tracker tilt across various terrains and environments, enabling real-time shading avoidance and leading to an additional energy generation boost of up to 8%.
Moreover, to better accommodate the irregular and undulating topography of the plant, Arctech provided a customized SkyWings solar tracking solution that incorporates terrain following capabilities. The tolerance for undulation between adjacent rows is set at 20% in the east-west direction and 15% in the north-south direction. Additionally, Arctech tailored the design of post height to maximize space beneath the solar panels, facilitating agrivoltaics practices. Consequently, farmers are now able to cultivate crops and raise livestock underneath solar panels, achieving both economic and ecological benefits.
To mitigate pollution and ecological damage to the grassland during both construction and operation, SkyWings employs one-piece H-shaped steel piles, while the construction team utilizes on-site static pressure construction. Moreover, following 25 years of safe power station operation, approximately 90% of the steel pipe piles of SkyWings remain suitable for recycling purposes, thereby reducing waste discharge by around 60% compared to traditional concrete piles.
Upon operation, this plant is expected to generate 5.7 billion kilowatt-hours of electricity annually, sufficient to power two million households. Each year, it can save 1.71 million tons of standard coal and reduce carbon dioxide emissions by about 4.7 million tons — equivalent to planting 62,700 hectares of trees.
The utilization of Arctech's SkyWings in this plant further demonstrates its versatility as a solar tracking system capable of adapting to diverse scenarios, including agrivoltaics, irregular terrains, coal mining subsidence areas, and more.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Arctech's SkyWings Empowers the World's Largest Single-Capacity PV Power Plant Built on Coal Mining Subsidence Area
