Hechuang Automobile is a new company of GAC NIO.

The predecessor of Hechuang Automobile is GAC NIO New Energy Vehicle Technology Co., Ltd., which was established in April 2018. It is jointly owned by GAC Group, GAC New Energy, NIO Fund, NIO and the founding team. GAC,

The shareholding ratios of Weilai and the founding team are 45%, 45% and 10% respectively.

Hechuang is the brand name launched by GAC NIO in 2019.

Introduction In April 2020, the first model Hechuang 007 was launched, priced at 259,800-303,000 yuan.

The official also launched two limited edition models, priced at 340,000-400,000 yuan.

This car is built on the basis of the GAC Ion LX and is derived from the second-generation GEP platform of GAC Group. The chassis, battery and other hardware are almost the same as the GAC Ion LX. The appearance, interior, and intelligent network connection system are rebuilt by Hechuang.

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