China's GAC plans to increase electric vehicle sales in Europe by 17% by 2027

Chinese auto giant Guangzhou Automobile Group (GAC) is planning a rapid growth in electric vehicle sales in Europe — 17 times by 2027. The company wants to use an aggressive expansion strategy to compete with local manufacturers such as BMW and Mercedes, CNBC writes.

According to Wei Haigang, President of GAC International, Europe is one of the company's five key markets and a strategic direction for development. In 2025, GAC plans to sell about 3,000 cars in the region, in 2026 - 15,000, and in 2027 this figure should increase to at least 50,000.

At the IAA Mobility Motor Show in Munich, the company showcased its fully electric Aion V and Aion UT models, and also announced its intention to launch a plug-in hybrid in Europe in the future. This highlights GAC's commitment to expanding its product range to meet the diverse tastes of European consumers.

Although the share of Chinese automakers in Europe remains small at just over 5%, according to Jato Dynamics, it has almost doubled compared to last year, indicating a rapid increase in interest in Chinese brands among European buyers.

At the same time, GAC is facing challenges - the European Union has imposed tariffs on Chinese-made electric vehicles. In response, the company said it is considering opening a local production facility in Europe to better serve the local market and reduce the impact of tariff barriers. Wei Haigang also expressed hope that China and the EU can agree on their reduction.

Recall that another Chinese company BYD continues to conquer the European market. In July 2025, 13,503 electric vehicles of the brand were registered in Europe — 225% more than last year.