AION (广汽埃安) is an innovation arm of GAC Group, founded on 2017-07-28, focused on high-end intelligent pure-electric vehicles. The company develops full-stack self‑developed EV+ICV (application layer) technologies and operates a leading intelligent-ecosystem factory with up to 600,000 vehicle capacity. Its product line includes the AION S, AION LX, AION V, AION Y and Hyper SSR. AION has shown rapid sales growth, selling 60,000 vehicles in 2020, 120,200 in 2021 and 182,300 in Jan–Sep 2022. The company is pursuing vertical integration across energy ecosystem, battery materials, chips and intelligent driving/cockpit systems to secure supply and advance core technology industrialization. Proceeds from the A round are intended to support new-product development, next‑generation battery and motor R&D and industrialization, intelligent driving and intelligent-cabin development, and broader upstream/downstream strategic resource deployment.

Total raised

$2.5B

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2022