Hycan
Hycan Automobile Technology is a defunct Chinese electric vehicle manufacturer headquartered in Guangzhou, China.
History
On 10 April 2018, GAC Group, GAC New Energy Technology and Nio Inc. established a joint venture called GAC-Nio New Energy Technology Co., Ltd., and almost a year later, on 1 April 2019, GAC and Nio announced the upcoming revealing of a new brand Hycan and electric SUV under this joint venture.In early 2021, Guangdong Pearl River Investment Management Group has become GAC-Nio's largest shareholder, while Nio's stake in Hycan was diluted to 4.5%. Later that year, GAC-Nio changed its name to Hycan. In 2022, Nio withdrew as a shareholder of Hycan.
On January 11, 2025, GAC Group disclosed that as the shareholder, it is solving the employee placement issue of Hycan in accordance with its investment ratio. GAC Aion will take over the after-sales service of Hycan products. Hycan has been confirmed as substantially defunct.
Models
Hycan 007
The Hycan 007 is a mid-size electric sport utility vehicle produced since April 2020.On 20 May 2019, Hycan revealed the 007 concept, an Aion LX with a redesigned front and rear end, interior, and wheel design. The production model was yet to be revealed and multiple teasers were shown before the upcoming revealing.
On 27 December 2019, the largely unchanged production Hycan 007 was revealed and went on pre-sale before being officially listed for sale in the Chinese market in April 2020 at a starting price of 262,000 Chinese yuan.
The 007 is available in three trim levels, Base, Plus, and Top. The Base trim level has a battery pack with a NEDC range of and a 0–100 km/h acceleration time of 8.2 seconds, while the higher-level Plus and Top trims both have a battery with a NEDC range of up to and a 0–100 km/h acceleration time of 7.9 seconds.