Guangzhou Automobile Group Co., Ltd.
A Chinese state-owned automobile manufacturer investing in automotive, new energy, semiconductor, and industrial internet sectors.
About
Guangzhou Automobile Group Co., Ltd. (GAC Group) is a prominent Chinese state-owned automobile manufacturer engaged in the development and production of a comprehensive range of vehicles, including passenger cars, commercial vehicles, and automotive components. The firm, through its corporate venture capital arm GAC Capital, focuses its investments on sectors such as automobile, new energy, semiconductor, and industrial internet.
Key facts
- Website
- gac.com.cn
- Type
- Corporate VC
- Headquarters
- Guangzhou, China
- Funds raised
- $5.3B
- Portfolio companies
- 1
- Stages
- Series A, Series B, Series D, Early Funding
- Cheque size
- $200M to $400M
- Sector focus
- New Energy Vehicles, Semiconductors, Intelligent Connectivity, Automotive, New Energy
Recent investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 23 Dec 2022 | WeRide | Undisclosed round | $400M |
| 15 Mar 2022 | WeRide | Undisclosed round | $200M |
| 23 Jun 2021 | WeRide | Undisclosed round | $310M |
| 14 Jan 2021 | WeRide | Undisclosed round | $100M |
| 23 Dec 2020 | WeRide | Undisclosed round | $200M |
| 31 Oct 2018 | WeRide | Undisclosed round | Undisclosed |
| 26 Sept 2017 | 1050010 | Undisclosed round | $52M |
| 21 Jun 2017 | WeRide | Undisclosed round | $30M |
Strength of the site’s backlink profile, on Ahrefs’ 0-100 Domain Rating scale. Licensed third-party data, not our opinion.
“China's Internet giant 360 lost 4 billion yuan; GAC Group lost over 700 million yuan in Q1..”
View on Reddit“EHang Partners with GAC Group and Guangzhou gov agencies for eVTOL production, sales and operations.”
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Frequently asked
What companies has Guangzhou Automobile Group Co., Ltd. invested in?
Guangzhou Automobile Group Co., Ltd. has invested in WeRide, 1050010.