Hycan

{{Short description|Chinese electric vehicle company}}

{{Infobox company

| name = Hycan Automobile Technology Co., Ltd

| native_name = 合创汽车科技有限公司

| logo = Hycan logo.png

| former_name = GAC-NIO New Energy Technology Co., Ltd.

| type = Automotive joint venture

| traded_as =

| fate =

| predecessor =

| successor =

| foundation = 2019

| founder = Zhang Fangyou

| defunct = 2025

| location_city = Guangzhou

| location_country = China

| location =

| locations =

| area_served = China
Israel
Philippines

| key_people = Yin Yang (CEO)

| industry = Automotive

| products = Electric automobiles

| production = {{Increase}} 2,856 vehicles

| production_year = 2023

| services =

| revenue =

| operating_income =

| net_income =

| assets =

| equity =

| owner = Pearl River Investment (68.56%)
GAC Aion (20.54%)
GAC Group (4.46%)

| num_employees =

| parent =

| divisions =

| subsid =

| homepage = {{URL|www.hycan.com.cn}}

| footnotes = {{Cite web |last=Andrews |first=Mark |date=2024-06-24 |title=Is former Nio JV Chinese EV brand Hycan about to go bust? |url=https://carnewschina.com/2024/06/24/is-former-nio-jv-chinese-ev-brand-hycan-about-to-go-bust/ |access-date=2024-11-20 |website=CarNewsChina.com |language=en-US}}{{Cite web |last=Andrews |first=Mark |date=2024-11-18 |title=Former Nio EV venture Hycan in death throes with few remaining employees and increasing debts |url=https://carnewschina.com/2024/11/18/former-nio-ev-brand-hycan-in-death-throes-with-few-remaning-employees-and-increasing-debts/ |access-date=2024-11-20 |website=CarNewsChina.com |language=en-US}}

}}

Hycan Automobile Technology ({{zh|c=合创汽车科技有限公司}}) is a Chinese electric vehicle manufacturer headquartered in Guangzhou, China.

History

File:Hycan Concept-S and Concept-M at the 2021 Guangzhou Auto Show.jpg

On 10 April 2018, GAC Group, GAC New Energy Technology (now GAC Aion) 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.{{cite web | date = 20 May 2019 | url = https://www.chinapev.com/ev-2/gac-nio-hycan/gac-nio-established-a-joint-venture-to-release-a-new-brand-and-new-ev/ | title = GAC-NIO Established a Joint-Venture to Release a New Brand and New EV | work = ChinaPEV.com | accessdate = 2 November 2020}}

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%.{{cite web|title=China's GAC Nio Is Set for Name Change After Ownership Shakeup|url=https://www.yicaiglobal.com/news/china-gac-nio-is-set-for-name-change-after-ownership-shakeup}}{{Cite web |date=2021-01-05 |title=GAC Group and Pearl River Investment Management Group Reached Strategic Cooperation to Jointly Create New Development Modes of Intelligent Automobiles |url=https://www.gac.com.cn/en/news/detail?baseid=18103 |access-date=2023-09-17 |website=GAC Group}} Later that year, GAC-Nio changed its name to Hycan.{{Cite news |last=Bai |first=Haotian |date=2022-05-12 |title=广汽蔚来已成过去式 凭"EDG"破圈的朱一航能否挽救合创汽车 |work=The Beijing News |url=https://www.chinanews.com.cn/cj/2022/05-12/9752801.shtml |access-date=2023-04-23 |archive-url=https://web.archive.org/web/20220614213735/https://www.chinanews.com.cn/cj/2022/05-12/9752801.shtml |archive-date=2022-06-14 |via=chinanews.com |url-status=live}} In 2022, Nio withdrew as a shareholder of Hycan.{{Cite news |date=2022-08-24 |title=蔚来退出合创汽车,退出前持股比例约4.46% |work=Sina Tech |url=https://finance.sina.com.cn/tech/it/2022-08-24/doc-imizirav9496746.shtml |access-date=2023-04-23 |archive-url=https://web.archive.org/web/20230102205754/https://finance.sina.com.cn/tech/it/2022-08-24/doc-imizirav9496746.shtml |archive-date=2023-01-02 |url-status=live}}

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.{{Cite web |last=虎嗅 |date=2025-01-15 |title=广汽集团证实:合创汽车“终于倒下” |url=https://finance.sina.com.cn/stock/relnews/cn/2025-01-15/doc-inefachv7683035.shtml |access-date=2025-01-16 |website=finance.sina.com.cn}}

Models

=Hycan 007=

{{Main|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 (produced by GAC New Energy) with a redesigned front and rear end, interior, and wheel design.{{cite web | date = 28 May 2019 | url = https://insideevs.com/news/351718/gac-nio-hycan-brand-concept-bev/ | title = GAC-NIO Introduces Hycan Brand And Concept Electric SUV | work = InsideEVs.com | accessdate = 2 November 2020}} The production model was yet to be revealed and multiple teasers were shown before the upcoming revealing.{{cite web | date = 14 August 2019 | url = https://www.chinapev.com/ev-2/gac-nio-hycan/teaser-images-of-hycans-first-ev-features-triple-screens/ | title = Teaser Images of Hycan's First EV, Features Triple Screens | work = ChinaPEV.com | accessdate = 2 November 2020}}

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 (US$37,343).{{cite web | date = 27 December 2019 | url = https://www.chinapev.com/ev-2/gac-nio-hycan/named-hycan-007-gac-nios-first-pure-electric-suv-started-pre-sale-in-chinese-market-range-of-399miles/ | title = Named HYCAN 007, GAC-NIO's First Pure Electric SUV Started Pre-Sale in Chinese Market, Range of 399miles | work = ChinaPEV.com | accessdate = 2 November 2020}}{{cite web | date = 11 April 2020 | url = https://www.chinapev.com/ev-2/gac-nio-hycan/hycan-007-gac-nios-first-pure-ev-officially-listed-in-the-chinese-market-with-price-started-at-262000-yuan/ | title = HYCAN 007, GAC-NIO's First Pure EV Officially Listed in the Chinese market with price started at 262,000 yuan | work = ChinaPEV.com | accessdate = 2 November 2020}}

The 007 is available in three trim levels, Base, Plus, and Top. The Base trim level has a {{cvt|73|kWh|MJ}} battery pack with a NEDC range of {{cvt|523|km|mi}} and a 0–100 km/h acceleration time of 8.2 seconds, while the higher-level Plus and Top trims both have a {{cvt|93|kWh|MJ}} battery with a NEDC range of up to {{cvt|643|km|mi}} and a 0–100 km/h acceleration time of 7.9 seconds.{{cite web | date = 15 April 2020 | url = https://www.electrive.com/2020/04/15/cag-nio-launch-the-first-bev-in-the-hycan-brand/ | title = GAC-Nio launch the first BEV in the Hycan brand | work = Electrive.com | accessdate = 2 November 2020}}

File:Hycan 007 001.jpg|Hycan 007 front

File:Hycan 007 003.jpg|Hycan 007 rear

=Hycan Z03=

{{Main|Hycan Z03}}

The Hycan Z03 is a subcompact electric crossover sport utility vehicle produced in China since April 2021. It is an Aion Y with a redesigned front and rear end, interior, and wheel design.{{cite web |url=https://www.carscoops.com/2021/09/the-weirdest-tuned-cars-from-the-2021-chengdu-auto-show/ |title=The Weirdest Tuned Cars From The 2021 Chengdu Auto Show |publisher=Carscoops |date=2021-09-05 |accessdate=2022-08-12}}

File:Hycan Z03 001.jpg|Hycan Z03 front

File:Hycan Z03 002.jpg|Hycan Z03 rear

=Hycan A06=

{{Main|Hycan A06}}

The Hycan A06 is a mid-size electric sedan launched in 2022.

File:Hycan A06 001.jpg|Hycan A06 front

File:Hycan A06 002.jpg|Hycan A06 rear

=Hycan V09=

{{Main|Hycan V09}}

The Hycan V09 is an electric MPV launched in 2023.

File:Hycan V09 001.jpg|Hycan V09 front

File:Hycan V09 002.jpg|Hycan V09 rear

Technologies

= 'Little Can' AI =

Hycan vehicles feature a smart assistant similar to Nio's Nomi smart assistant. The assistant, named 'Little Can' (in Chinese, 小CAN, pronounced Xiǎo Cān), can pull up the car's navigation, control the music, adjust the cabin temperature, open or close windows, and take a selfie of the passengers in the cabin.

Sales

class="wikitable"

|+Hycan sales data{{Cite web |title=没有汽车行业从业背景的原科大讯飞副总裁杜兰,能给合创汽车带来什么? |url=https://www.sohu.com/a/www.sohu.com/a/722,109,400_120922996 |access-date=2023-10-02 |website=www.sohu.com}}{{Cite web |title=合创汽车 2021销量 - Google 搜索 |url=https://xl.16888.com/b/128793/ |access-date=2023-10-02 |website=www.google.com.hk}}{{Cite web |title=合创汽车销量查询,合创汽车销量排名,合创汽车历史销量查询 - 车主之家 |url=https://xl.16888.com/b/128793/ |access-date=2024-01-11 |website=xl.16888.com}}

!Year

!Sales

2020

|659

2021

|2,907

2022

|19,621

2023

|15,980

References