
GAC orders LFP Batteries from Farasis for European vehicle models

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GAC has ordered over 10 GWh of LFP batteries from Farasis Energy for its European models, Aion V and Aion UT. This marks a significant breakthrough for Farasis' SPS battery products in overseas markets. The Aion V is already being produced locally in Europe, avoiding EU tariffs. Magna handles vehicle production, while GAC manages distribution. The collaboration supports GAC Aion's expansion strategy in Europe.
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