Guangzhou Vehicle Co (GAC Group) all-electric spin-off Aion has introduced it’s getting ready for an preliminary public providing (IPO) inventory market itemizing.

As reported by Autocar, Aion head of public relations Yin Jie informed media at a latest press convention on the Guangzhou Municipal Authorities Data Workplace in China the corporate is “making each effort to organize for an IPO”.

A timeframe for the IPO hasn’t been revealed but, although it’s understood Aion is seeking to checklist on the Shanghai Inventory Alternate STAR Market.

In the course of the press convention Mr Yin additionally introduced Aion will element its world enterprise technique later this yr. It’s presently focusing on an annual manufacturing quantity of 1 million vehicles by 2025.

As beforehand reported, it’s anticipated Aion will enter the Australia new automotive market from the second half of 2024, with a wider rollout from 2025.

Like Tesla and Polestar, it’s anticipated to make use of a direct-to-consumer gross sales mannequin slightly than partaking with franchise seller companions.

GAC Aion presently advertises eight fashions at dwelling in China, solely a few of which can be starters for Australia, in manufacturing unit right-hand drive.

Anticipated to be first off the mark is the youth-focused Aion Y Plus MPV. This EV affords a claimed NEDC vary of between 430km and 610km, relying on the variant, with motor outputs of 150kW and 225Nm.

The opposite automobile Aion expects to supply at or close to launch is a new-generation SUV that’ll be bigger than the Y Plus. Aion presently sells the LX Plus and V Plus in China, and we perceive the Australian mannequin can be a next-generation successor to each.

Headline acts from a branding perspective would be the GAC Aion Hyper GT and Hyper SSR.

The Hyper GT is a wild-looking fastback that rivals the Tesla Mannequin 3, providing an extremely slippery drag coefficient of 0.19, 250kW of energy, a 0-100km/h declare of 4 seconds, butterfly doorways, and a 900V structure. It even has LiDAR.

The corporate hopes that an up to date model of this automotive, probably together with a dual-motor efficiency mannequin, will are available in right-hand drive round 2025.

Lastly, each model wants a halo product – not one designed to promote in nice quantity however slightly to function nice advertising and marketing. For GAC Aion, that is the left-hand drive-only Hyper SSR supercar.

The Aion Hyper SSR, which GAC dubs “China’s first supercar”, has been designed to set “a brand new benchmark for China’s auto trade” when it comes to each efficiency and manufacturing.

The corporate claims the hi-po EV accelerates from 0-100km/h in an insane 1.9s in top-spec guise, or 2.3s in entry-level type.

The e-motor with Porsche-style two-speed transmission pushes out a claimed 900kW (1225hp), which underneath full throttle “brings a robust push again feeling similar to a rocket launch at 1.7G”.

The corporate additionally mentions using aviation tyre tech with low warmth retention, and 900V silicon carbide chips that work 2.5-times sooner whereas drawing much less energy.

GAC Aion additionally produces the smooth Camry-sized S Plus sedan, however given native tastes this appears much less doubtless for us.

MORE: Model profile: China’s Aion to reach in 2024