Recently, Yinpai Battery Technology Co., Ltd., jointly invested by GAC Aion, GAC Motor, and GAC Business and controlled by GAC Aion, was officially incorporated with a registered capital of RMB 1 billion.

The company is located in Panyu District, Guangzhou. It engages in the production and manufacturing of power batteries for new energy vehicles and R&D of battery materials. It also provides technical services for related products, with a total investment of RMB 10.9 billion dedicated to the industrialization of self-developed and self-produced batteries as well as the production, manufacturing, and sales of independent batteries.