Mei Ri Jing Ji Xin Wen·2025-05-26 11:14Group 1 - GAC Group has launched its "Brazil Action" initiative, introducing five new models in Brazil, including AION V, AION Y, HYPTEC HT, GS4 HYBRID, and AION ES [1] - The company aims to invest $1.3 billion in Brazil, focusing on flexible fuel technology, clean energy, electrification, and localized production [2] - GAC plans to establish a production base in Catalão, Goiás, with a factory expected to produce three new energy models by Q4 2026 [2] Group 2 - GAC will set up a research and development center in Brazil in collaboration with local universities, integrating its R&D system into the Brazilian market [2] - The company has already established 33 dealerships across major Brazilian cities, achieving over 95% market coverage [2] - By 2025, GAC aims to have a complete industrial ecosystem in Brazil, including a nationwide energy supply network by 2030 [3] Group 3 - Brazil is viewed as a strategic entry point into the Latin American market for GAC, with the "Brazil Action" serving as a foundation for building a broader ecosystem [4] - The Brazilian automotive market is the sixth largest globally, with a growing demand for electric vehicles, which saw a 37.4% increase in sales in the first four months of the year [5] - The Brazilian government has implemented policies to support electric vehicle growth, including the "Rota 2030" plan, aiming for electric vehicles to account for 30% of total sales by 2030 [5] Group 4 - Chinese automotive brands, including BYD, Chery, Great Wall, and JAC, are expanding their operations in Brazil, focusing on localization [6] - GAC acknowledges the competitive nature of the Brazilian market and the challenges posed by tariffs, labor rights, and local enterprise protection [6] - The company's strategy is based on the premise of strengthening Sino-Brazilian relations [6]