GAC stock plans 12 French EV models by 2030
Published on 09/22/2026 at 07:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuangzhou Automobile Group (CNE100000Q35) stock was priced at CNY 5.09 on the Shanghai Stock Exchange as of September 22, 2026, unchanged from the prior close. The company is preparing a wider European push, with 12 electric and hybrid models planned for France by 2030.
Europe becomes the growth test
As Reuters reported on September 21, 2026, GAC is examining European production capacity with Magna and other investors. The plan goes beyond exports: GAC also intends to operate 50 French dealerships in 2026 and 200 by 2030.
The French rollout began with the Aion UT and Aion V electric vehicles. Reuters reported that electric vehicles accounted for 35 percent of new French registrations in July 2026 and 38 percent in August 2026, giving GAC a market with rising electric-car adoption but intense competition.
Losses raise the execution bar
Financial data on the company page show revenue of CNY 96.54 billion in fiscal year 2025, down from CNY 107.78 billion in fiscal year 2024, a decline of CNY 11.24 billion. Net income also changed from a profit of CNY 823.58 million in fiscal year 2024 to a loss of CNY 8.78 billion in fiscal year 2025.
The comparison makes the European expansion financially important. GAC reported a gross loss of CNY 3.25 billion in fiscal year 2025, compared with gross profit of CNY 4.57 billion in fiscal year 2024, while operating cash flow was negative CNY 15.03 billion in fiscal year 2025.
Stock value and trading data
GAC stock had a market capitalization of CNY 43.48 billion as of September 22, 2026. The same market snapshot showed 10,197.07 million shares outstanding, an expected price-to-earnings ratio of 20.33 and a three-month average volume of 640.25 million shares.
The Shanghai quote of CNY 5.09 and the unchanged daily move provide the market reference for September 22, 2026. For investors, the central comparison is between the planned 12-model European expansion and the fiscal year 2025 gross loss of CNY 3.25 billion.
GAC stock holds at CNY 5.09
GAC stock closed at CNY 5.09 on the Shanghai Stock Exchange on September 22, 2026, with a daily change of 0.00 percent. The reference market capitalization was CNY 43.48 billion on the same date.
GAC Group stock facts
- Company: Guangzhou Automobile Group Co Ltd
- ISIN: CNE100000Q35
- Ticker: 601238
- Trading venue: Shanghai Stock Exchange
- Price as of September 22, 2026: CNY 5.09
- Market capitalization: CNY 43.48 billion as of September 22, 2026
- Sector / Industry: Automobiles and multi utility vehicles
