--- title: "GAC Aion adds new trim to Aion Y Plus, drops price by 17%" description: "GAC Aion, the electric vehicle subsidiary of GAC Group, has introduced a new version of its Aion Y Plus SUV at a lower starting price of RMB 99,800, down 17% from the previous entry-level price. This " type: "news" locale: "en" url: "https://longbridge.com/en/news/109088812.md" published_at: "2024-03-03T03:15:26.000Z" --- # GAC Aion adds new trim to Aion Y Plus, drops price by 17% > GAC Aion, the electric vehicle subsidiary of GAC Group, has introduced a new version of its Aion Y Plus SUV at a lower starting price of RMB 99,800, down 17% from the previous entry-level price. This move comes as part of a price war in the Chinese EV market. The new version has a smaller battery pack and a range of 310 kilometers. GAC Aion sold 16,676 units in February, a decrease of 44.57% YoY. > The new Aion Y Plus starts at RMB 99,800, RMB 20,000 lower than the previous entry-level price. (Image credit: CnEVPost) GAC Aion, the electric vehicle (EV) subsidiary of GAC Group, has added a new version of its Aion Y Plus SUV, bringing the starting price down significantly in an on-going fierce price war. The entry-level Aion Y Plus starts at RMB 99,800, which GAC Aion said in a poster on Weibo today is the price-setter for battery electric vehicles (BEVs). The starting price of the new Aion Y Plus has been reduced by RMB 20,000, or 16.69 percent, from the model's previous starting price of RMB 119,800 yuan. The Aion Y Plus measures 4,535 mm, 1,870 mm and 1,650 mm in length, width and height, respectively, and has a wheelbase of 2,750 mm. One of the versions has a slightly different height of 1,756 mm. The new, lower-priced version is identical in core specifications to the RMB 119,800 previous entry-level version, but comes with a smaller-capacity battery pack of 37.9 kWh, which delivers a combined range of 310 kilometers. The RMB 119,800 version comes with a 51.9-kWh capacity battery pack that provides a combined range of 430 kilometers. In addition to the two lowest priced ones, the Aion Y Plus comes in 12 other variants with a starting price range of RMB 126,800 to RMB 189,800 and range options of 510 kilometers and 610 kilometers. GAC Aion is the latest to react to the intense car price competition following the Chinese New Year holiday. On February 19 -- the second working day after China's Chinese New Year holiday -- BYD (HKG: 1211, OTCMKTS: BYDDY) began its latest round of model updates with the launch of the Qin Plus Glory Edition as well as the Chaser 05 Glory Edition, which brought the starting prices down significantly. To date, BYDDY has updated a number of other models including the Dolphin, Han, and Tang, all of which have allowed for significant price reductions. GAC Aion sold 16,676 units in February, down 44.57 percent year-on-year and down 33.15 percent from January, according to data it released on March 1. > BYD launches updated Song Pro DM-i with $2,780 price cut ($1 = RMB 7.1968) ### Related Stocks - [601238.CN - GAC Group](https://longbridge.com/en/quote/601238.CN.md) - [02238.HK - GAC GROUP](https://longbridge.com/en/quote/02238.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 23:43 ETDie innovativen Sicherheits- und hocheffizienten Antriebsstränge von GAC finden weltweite Anerkennung | GAC is gaining global recognition for its innovative and efficient drivetrains amidst the rapidly changing automotive in | [Link](https://longbridge.com/en/news/275994919.md) | | 12:17 ETNRMP Publishes Results and Data for the 2026 Specialties Matching Service | The National Resident Matching Program (NRMP) has published the 2026 Specialties Matching Service report, revealing a re | [Link](https://longbridge.com/en/news/276361984.md) | | Standard Chartered PLC (OTCMKTS:SCBFF) Sees Significant Growth in Short Interest | Standard Chartered PLC (OTCMKTS:SCBFF) experienced a significant increase in short interest, rising 21.1% to 210,583 sha | [Link](https://longbridge.com/en/news/276119010.md) | | Will China Literature Turn The Page? | China Literature Ltd. expects a net loss of up to 850 million yuan for last year, primarily due to a 1.8 billion yuan go | [Link](https://longbridge.com/en/news/276113491.md) | | FCC wants networks to voluntarily air 'patriotic, pro-America content' for US birthday | The FCC Chair Brendan Carr has urged U.S. broadcasters to voluntarily air patriotic content in celebration of the 250th | [Link](https://longbridge.com/en/news/276463718.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.