Who owns Aion? The ownership chain, GAC Group's stake and the 2017 deal
Facts checked Chinese holding 100%
Aion is Chinese. It is GAC's electric brand, spun out as a separate company in 2020, and GAC is owned by the Guangzhou municipal government. Aion sells heavily to ride-hailing fleets in China and exports to Thailand and other South-East Asian markets.
GAC Aion was established on 28 July 2017 as GAC New Energy Automobile Co., Ltd. and renamed and made an independent operation in November 2020. It has taken outside investment, so GAC's exact holding was not verified for this entry.
The chain, step by step
Guangzhou Municipal State-owned Assets Supervision and Administration Commission controls GAC Group.
GAC Group's controlling shareholder is Guangzhou Automobile Industry Group Co., Ltd. (GAIG), a holding company owned by the Guangzhou city government. The size of GAIG's stake could not be confirmed from GAC's own filings for this entry; secondary sources put it near 57%.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Guangzhou Municipal State-owned Assets Supervision and Administration Commission | GAC Group | controls | controls | not published |
| GAC Group | Aion | controls | controls | 28 July 2017 |
Aion: questions people ask
- Who owns Aion?
- GAC Group, the Guangzhou carmaker whose controlling shareholder is owned by the Guangzhou city government. Aion is GAC's own electric-car business, not a joint venture.
- What does Aion mean?
- Nothing in Chinese. GAC coined the English name and wrote it into Chinese by sound as 埃安 (Āi'ān).
- Where is Aion sold?
- In China and across south-east Asia and beyond: Thailand, Mexico, Hong Kong, Indonesia, the Philippines, Vietnam, and from 2026 Australia, the United Kingdom and Pakistan.
- Is Aion sold in the US?
- No. Aion has no US operation and the sources consulted show no plan to enter.
- Is Hyptec the same as Aion?
- Hyptec is Aion's premium line rather than a separate company. It launched in 2022 under the name Hyper and was renamed Hyptec in August 2024.
Related
Sources for Aion
- Wikipedia, GAC Aion. Read . Establishment and rename dates, first model, dated export-market entries, 2024 sales, Hyptec relationship
- CnEVPost, Aion (tag page with monthly sales table). Read . Month-by-month sales for 2024-2026; the 2025 total is the sum of that table, not a separately published figure
- Wikipedia, List of automobile manufacturers of China. Read . GAC Group listed under local-government state ownership with Trumpchi and Aion.
- Wikipedia, GAC Group. Read . Describes GAC as a state-owned enterprise and a subsidiary of GAIG
- Guangzhou Automobile Group Co., Ltd., GAC Group official English site. Read .