Time GAC Power Battery Co., Ltd. is located in Guangzhou GAC Zhilian New Energy Automobile Industrial Park, Panyu District, Guangzhou. It was established on 20 18 12.28 with the joint investment of Guangzhou Automobile Group Co., Ltd., Guangzhou Automobile Aian New Energy Automobile Co., Ltd. (formerly known as Guangzhou Automobile New Energy Automobile Co., Ltd.) and Contemporary Anpu Technology Co., Ltd., with the capital injection of RMB 10 billion. The total investment of the project is 4.23 billion yuan, covering an area of 407 mu and a construction area of more than 200,000 square meters.
The original planned annual production capacity of this project is 12GWH (supporting 200,000 new energy vehicles). Since 2020, due to changes in government policies and market demand, Time GAC has actively adjusted its product strategy, upgraded its technology, applied the latest battery technology, and adjusted and revised the design scheme of the original factory building and production line, so that the total production capacity can be increased to 15GWH.