By Editorial Staff Chinese automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business.
Located in Guangzhou’s Panyu district in China’s southern Guangdong province, the industrial park has a planned area of 5 square kilometers. More than 45 billion Yuan (US$6.5 billion) of investment, from both GAC Group and other enterprises that will locate there, are expected to be poured into the project.
The new electric vehicle plant, part of the industrial park which will provide GAC Motor
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