MELBOURNE, Australia, April 10, 2026 /PRNewswire/ -- On April 10, the highly anticipated 2026 Melbourne Motor Show grandly kicked off. GAC made a strong appearance with four vehicle models across its product lines — GAC, AION, — highlighting its leading strength in new energy and intelligent technologies, while reinforcing its image of "Tech-Driven GAC, Advancing Global Reach with a Full-Chain Ecosystem". At the show, GAC officially announced the launch of its global strategic model, the AION UT, in Australia. This marks not only a milestone in GAC's "One GAC 2.0" global strategy but also a solid step forward in the company's deep cultivation of the Australian market and its ongoing commitment to the Local Strategy — "GAC: Growing Australian Confidence."
As a leading enterprise in China's new energy vehicle industry, GAC adheres to the core philosophy of "Tech-Driven GAC, Advancing Global Reach with a Full-Chain Ecosystem". Upholding the principle of 'In Australia, for Australia, integrating into Australia, serving Australia, and contributing to Australia', GAC is committed to deeply cultivating the Australian market by actively advancing efforts across multiple areas including products, channels, services, energy ecosystems, and mobility systems.
Designed as a strategic model for global urban youth, the AION UT stands out with its distinctive 'Eyebrow-Style Headlight' stylish design and class-leading spaciousness. It perfectly blends trendy looks with the comfort space comparable to mid-to-high-end vehicles. Equipped with an advanced smart cockpit, the AION UT offers leading smart interactions, exceptional range and fast-charging performance, all backed by stringent global manufacturing standards. It directly answers the core expectations of Australian users looking for new energy mobility during a time of soaring fuel prices, making it a high-quality, fashionable choice for a green and smart lifestyle.
As one of the few Chinese automakers with mature capability in developing right-hand drive (RHD) vehicles, GAC presented four standout models at the Melbourne Motor Show, including the GAC EMZOOM, GAC M8 PHEV, AION V, and the newly launched AION UT. The display covers a variety of powertrains such as pure electric, plug-in hybrid electric and internal combustion engine vehicles. These models highlighted GAC's accumulated technical expertise and innovative strengths in electrification and intelligent technologies, delivering new experiences of green mobility for Australian customers.
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No More Fuel Anxiety! AION UT Debuts in Australia, Setting a New Benchmark for Urban Electric Vehicles
MADRID, April 10, 2026 /PRNewswire/ -- Envision Energy, a global leader in green technologies, has secured a USD 500 million Vendor Financing Agreement with BBVA Corporate & Investment Banking (BBVA CIB), to support its global business expansion across Europe, Asia and Latin America. This partnership underscores the strong bankability of Envision's products and its proven track record in delivering large-scale international projects.
This marks another milestone in the growing partnership between Envision and BBVA. Earlier this year, Envision successfully signed a USD 600 million equivalent sustainability-linked syndicated loan in Hong Kong, with BBVA serving as one of the mandated lead arrangers. The new agreement further reflects strong confidence from leading international financial institutions in Envision's green technology capabilities and global growth strategy.
The vendor financing program adopts a flexible and tailored structure designed to support customers through diversified financing instruments, optimised working capital management, and extended payment terms. The framework enables financing opportunities to be identified early in project development and provides value-added advisory services throughout the project lifecycle. By offering tailored financing solutions aligned with project needs, the programme helps reduce capital constraints for customers and accelerate the expansion of Envision's global business.
Henry Peng, Senior Vice President, Envision Energy & President of EU & LATAM Regions, said: "The global energy transition requires not only technological innovation, but also forward-looking financial solutions that can accelerate deployment at scale. This vendor financing programme with BBVA enables us to optimise working capital while supporting the faster deployment of our renewable energy technologies across strategic markets in Europe, Asia and Latin America. By combining advanced clean energy technologies with innovative financial solutions, we are helping accelerate the transition toward a net-zero energy system and a new era of sustainable prosperity."
"Envision's solid credit profile, and its pioneering use of physical AI to drive the global green transition give BBVA CIB great confidence in this partnership," said Eva Rubio, Head of Global Transaction Banking at BBVA CIB. "At BBVA CIB, we are pioneers in developing innovative vendor financing solutions, with a firm commitment to sustainability and to driving the global energy transition. This agreement also strengthens our support for the international expansion of companies such as Envision Energy, leaders in the development of clean technologies."
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Envision Energy Secures $500M Financing Program with BBVA to Accelerate Global Renewable Deployment
