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Hycan 007

2020 – 2024 · China

Hycan Automobile Technology (合创汽车科技有限公司) is a prominent Chinese electric vehicle manufacturer based in Guangzhou, China. The company was established as a joint venture between GAC Group, GAC New Energy Technology (now GAC Aion), and Nio Inc. under the name GAC-Nio New Energy Technology Co., Ltd. in April 2018. A year later, on April 1, 2019, GAC and Nio revealed plans to introduce a new brand, Hycan, along with an electric SUV under the joint venture. In early 2021, there was a significant development where Guangdong Pearl River Investment Management Group emerged as the largest shareholder of GAC-Nio