The first generation Aion V was revealed on GAC New Energy's WeChat account on 14 May 2020, announcing that the model would launch on 16 June 2020.

The front bumper has become simpler, and Aion claims it drew inspiration from Star Wars characters to come up with the new design.

[7] Power of the Aion V Plus comes from three models of batteries rated from 70 to 95 kilowatt-hours, supporting an NEDC-rated range of 500 and 702 km (310–436 miles).

The battery capacity is 72.3 kWh, and charging for just 5 minutes adds 112 km (70 mi) of range.

The battery has a high life span and is capable of maintaining 95 percent capacity even after 1,600 cycles.

[11] The second-generation Aion V debuted at the 2024 Beijing Auto Show, with Chinese market sales starting in July 2024.

It is based on the Architecture Electric Platform (AEP) 3.0 pure electric platform developed by GAC that features the first fully liquid-cooled electric drive and an AI cockpit using the ADiGO Sense AI model and ADiGO Pilot intelligent driving system powered by an Nvidia Orin X chip and a Lidar unit with 5 millimeter wavelength radars and cameras.The Aion V was introduced in Indonesia on 22 November 2024 at the 2024 Gaikindo Jakarta Auto Week.