Home > News > Auto

Hurun Unicorn List: Aiways Becomes the World's Largest New Energy Vehicle Unicorn with a Valuation of 100 Billion Yuan

Re Feng Fri, Apr 12 2024 10:22 AM EST

On April 10th, Hurun Report recently released the "2024 Global Unicorn" list.

According to the list, in the past year, 171 new unicorn companies emerged globally; among them, the United States and China accounted for 70 and 56 respectively.

In the field of new energy vehicles, Chinese company Aiways entered the unicorn list with a valuation of 100 billion CNY, becoming the world's largest new energy vehicle unicorn.

Moreover, its valuation rose 3 places from last year, ranking 25th globally and 10th in China. s_911a8c80311346cd88b8fcaa1280cb1e.jpg The soaring valuation of GAC Aion is closely tied to its robust market sales and performance. Industry data reveals that GAC Aion's sales surpassed 480,000 units last year, a staggering 77% year-on-year increase. Moreover, Aion has become the world's fastest new energy vehicle manufacturer to achieve one million units in production and sales.

Expanding its presence internationally, GAC Aion is making strides. Its Thai factory is set to commence operations in June this year, while plans are underway for a factory in Indonesia. Various models have already been introduced in markets such as Thailand, Cambodia, and Hong Kong, with future plans to establish seven major production and sales bases in Central Asia, West Asia, the Americas, Africa, and Europe. s_a76eeca0077e40d9ad3fcce09f826bee.png