Latest news with #GACGroup
Khaleej Times
2 days ago
- Automotive
- Khaleej Times
Indian expat in Dubai wins $1 million with colleagues after 6-year Duty Free effort
An Indian and a Russian have been named the newest millionaires in the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draw, held on Wednesday at Concourse B of Dubai International Airport. One of the winners, Sabish Peroth, a 42-year-old Indian living in Dubai, won $1 million in Millennium Millionaire Series 508 with ticket number 4296, which he purchased online on July 4. Born and raised in Dubai, Peroth shares the prize with nine of his Indian colleagues. The group has been consistently participating in the Dubai Duty Free promotion for the past six years. Stay up to date with the latest news. Follow KT on WhatsApp Channels. A father of one and a senior operations supervisor at GAC Group, Mr Peroth expressed his excitement upon receiving the life-changing news. 'I'm totally shocked! Thank you Dubai Duty Free. We, as a group, will definitely continue participating,' he said. Originally from Kerala, Mr Peroth becomes the 254th Indian national to win $1 million in the Millennium Millionaire promotion since its inception in 1999. Indian nationals remain the top buyers of tickets in the long-running draw. Maen Saleh, a 57-year-old Russian based in Doha, also won in Millennium Millionaire Series 509 with ticket number 1184 which he purchased online on July 7. A resident of Doha for 26 years now, Saleh who is of Syrian origin has been participating in the Dubai Duty Free promotion for 15 years. He is a father of one and works as an IT support manager for Dolphin Energy. 'This is a great surprise! Thank you so much Dubai Duty Free,' he said. When asked about his plans for the winnings, he said, 'This win will help me build a house in my village in Suzdal, a town northeast of Moscow and support my son's education as he pursues his master's degree in Malta.' Saleh is the first Russian national to have won $1 million in the Millennium Millionaire promotion. Following the Millennium Millionaire draw, the Finest Surprise draw was conducted for two luxury cars and motorbikes. Alice Semianova, a 56-year-old Czech national based in Kly, Czech Republic won a Mercedes Benz S500 (Obsidian Black Metallic) car with ticket number 1469 in the Finest Surprise Series 1927 which she purchased in Concourse B on July 6. Semianova is a mother of one and works as an accountant. "Thank you Dubai Duty Free; it's a pleasure to participate in your promotion,' she said. Meanwhile, Sridhar Ankam Bhikshapathi, a 39-year-old Indian national based in Dubai won a Bentley Bentayga V8 (Dark Sapphire) car with ticket number 1405 in the Finest Surprise Series 1928 which he purchased in Terminal 3 Public Shop on July 3. A regular participant in Dubai Duty Free's promotion since 2019, Mr. Bhikshapathi is a father of one and works as a porter in Dubai Airport. "Thank you Dubai Duty Free. I'm very thankful for this win," he said. Meanwhile, Roby Devassy, an Indian national based in the UAE won a Ducati Multistrada V2 S (Storm Green) motorbike with ticket number 0601 in the Finest Surprise Series 630 which he purchased in Concourse B on June 30. Devassy is currently uncontactable, but will no doubt be delighted to learn of her win. Lastly, Robert Miggels, a 57-year-old British national based in Ras Al-Khaimah won a BMW S 1000 R (Black Storm Metallic) motorbike with ticket number 0930 in the Finest Surprise Series 631 which he purchased online on July 7. A regular participant in Dubai Duty Free's promotion for the past 5-6 years, Miggels recently moved to Ras Al Khaimah after living in Dubai for six years. He is a divorced father of two and works as a self-employed business consultant in Dubai. 'Thank you for the opportunity to make a difference in people's lives, because that's what I believe Dubai Duty Free does. I'm grateful and humbled to have won today,' he said.
Fox News
02-07-2025
- Automotive
- Fox News
China's first mass-produced flying car debuts
China's GAC Group, one of the country's largest state-owned automakers, has introduced the Govy AirCab, a two-seater flying car designed to transform urban travel. While GAC might not be a household name in the United States, it's a major player in China's automotive industry, producing a wide range of vehicles and partnering with global brands like Toyota and Honda. The Govy AirCab, unveiled at the 2025 Hong Kong International Auto and Supply Chain Expo, is an electric vertical take-off and landing vehicle, or eVTOL, now open for pre-orders. GAC is targeting the "low-altitude economy," which includes air taxis and short-range personal flights within busy city environments. Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide - free when you join my The Govy AirCab stands out for its innovative use of carbon fiber, which keeps the vehicle lightweight and efficient. Its design features gull-wing doors and a top-mounted rotor, combining futuristic style with practical function. Thanks to advanced battery technology, the AirCab can fully recharge in just 25 minutes, or reach 50 percent charge in only 15 minutes. This quick turnaround is perfect for busy urban environments where time is valuable. Step inside the Govy AirCab and you'll find a cabin packed with smart features. Passengers can enjoy 5G connectivity, voice controls, and the ability to adjust scent, temperature, and music to their liking. The vehicle's cloud-based system handles self-checks and flight redundancy, while a powerful intelligent driving system manages navigation and obstacle detection. Safety remains a top priority, with multiple backup systems and a separable cabin that protects passengers even if the power unit experiences issues. The Govy AirCab delivers a range of about 18.6 miles per charge and comes with a price tag of roughly $233,000. This positions it as a premium option for short urban trips, especially when compared to competitors like XPeng's AeroHT, which is expected to cost more. GAC's launch of the Govy AirCab fits into a larger trend in China and globally, where automakers are exploring short-range air mobility as the next frontier. GAC is moving quickly to establish itself as a leader in this space, with plans for mass production and deliveries by 2026. The company wants to be recognized not just as a carmaker, but as a global mobility brand ready for the future. Currently, the Govy AirCab is undergoing certification and participating in trial runs. GAC's commitment to bringing flying cars to urban life is clear, but the real test will be whether technology and regulations can keep up with this rapid pace of innovation. Transportation is changing fast, and the Govy AirCab is leading the way. The idea of flying around the city might have sounded far-fetched not too long ago, but with the Govy AirCab, it's starting to feel a lot more real. GAC isn't just dipping a toe into the future, they're diving in headfirst. Of course, there's still a lot to figure out, from regulations to real-world testing, but the momentum is hard to ignore. If things keep moving at this pace, this kind of air travel could become just another part of our daily routine. Would you trust a flying car to navigate your daily commute? Let us know by writing to us at Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide - free when you join my Copyright 2025 All rights reserved.
Yahoo
26-06-2025
- Automotive
- Yahoo
GAC Aion begins local assembly in Indonesia
Chinese state-owned automaker GAC Group has begun operations at a newly completed vehicle assembly plant in Indonesia, owned by its local distributor PT Indomobil Group. The GAC Indonesia Smart Factory is located just outside Indonesia's capital city, Jakarta, and has an initial production capacity of 20,000 vehicles per year, which could rise to 50,000 units per year later on depending on demand. GAC Group confirmed that the plant is the result of 'investment by Indomobil Group through its PT National Assemblers (NA) subsidiary.' The facility was completed almost exactly a year after GAC launched its first battery electric vehicle (BEV) in the country, the Aion Y Plus. GAC Aion currently sells the Aion Y Plus, Aion V, and Hyptec HT models in Indonesia, all of which were previously imported from China. These will now be sourced from the local plant. In the first five months of 2025, the company sold a total of 1,845 units in Indonesia. At the plant's opening ceremony, GAC reaffirmed its 'come to Indonesia, for Indonesia' mantra, which aligns with the GAC 2.0 global strategy aimed at promoting the development of a sustainable automotive industry. GAC International's President, Wei Haigang, said in a statement: 'Indonesia is a key market in GAC's global expansion and is at the forefront of our overseas development strategy. With the inauguration of PT National Assemblers' assembly plant, we want to strengthen our contribution to economic growth, industrial quality improvement, and sustainable mobility transformation in Indonesia.' "GAC Aion begins local assembly in Indonesia" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
19-06-2025
- Automotive
- Yahoo
Miraco Motor plans to launch electric vans in Europe
Miraco Motor plans to launch electric vans in the European market, challenging established players, reported South China Morning Post. Miraco Motor CEO Xiao Ning announced plans to launch its first model in Europe next year, targeting a 10% share of the market, which is over 1.7 million such vehicles sold annually. Ning said: 'Electric commercial vehicles have an overwhelming advantage over petrol rivals because of electricity's lower cost than gasoline. Our van will compete against six to seven rivals there, and we think it's reasonable to target a 10% share.' Miraco Motor, a commercial vehicle subsidiary of GAC Group, was established in late 2023 in Guangzhou, China. The company's battery-powered vans come with a claimed range of up to 350km on a single charge and are designed with a modular approach, which splits the drivetrain parts from the cabin and cargo areas, to facilitate the production of new models. Xiao Ning also revealed ambitions to delve into the robotaxi industry with autonomous driving systems. The company's strategy includes a partnership with European electric-van developer Flynt, which will handle sales and after-sales service for Miraco's co-designed products. Unlike passenger EVs from China, which face hefty tariffs in the European Union, Miraco expects its commercial vehicles to not encounter such trade barriers, giving them a competitive edge. Ning added: 'With Flynt's ability to serve the European market, our tie-up could make our vans more competitive in the market. We want to serve as the vanguard for GAC as the group revs up its internationalisation pace.' The group aims to expand its global reach to over 100 countries and regions, leveraging its existing factories in Malaysia, Thailand, and Indonesia. GAC Group, with partnerships including Toyota and Honda, has set an export target of 500,000 vehicles by 2027, almost quadruple the volume in 2024, stated its general manager Feng Xingya. "Miraco Motor plans to launch electric vans in Europe" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
South China Morning Post
13-06-2025
- Automotive
- South China Morning Post
Chinese carmaker GAC's electric-van unit takes aim at Ford and Stellantis in Europe
A commercial-vehicle subsidiary of China's state-owned carmaker GAC Group has its sights set on Europe, where it hopes its electric vans can lure corporate buyers away from petroleum-powered models built by the likes of Ford and Stellantis. Advertisement Xiao Ning, CEO of Miraco Motor, told the Post that the company would launch its first model in Europe next year. It aims to grab 10 per cent of the European market, where more than 1.7 million vehicles of this type are sold each year for public transport, goods delivery, emergency services and commuting. 'Electric commercial vehicles have an overwhelming advantage over petrol rivals because of electricity's lower cost than gasoline,' he said. 'Our van will compete against six to seven rivals there, and we think it's reasonable to target a 10 per cent share.' Established in late 2023 and based, like GAC, in Guangzhou in southern China's Guangdong province, the company is displaying its prototype models in Hong Kong at the International Automotive & Supply Chain Expo, which ends on Sunday. Miraco's battery-powered vans can go as far as 350km on a single charge. Xiao said the company also planned to offer autonomous-driving systems so that its vans could vie for a share of the robotaxi industry around the world. Advertisement The company uses a modular design approach that separates the drivetrain components from the cabin and cargo areas, to make it easier to spin out new models. Its first production model, a minibus, would hit the Hong Kong market this year, he said.
